Olectra Greentech Limited has informed the exchange about audited financial results for the quarter and year ended 31st march, 2026
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Olectra Greentech reported strong full-year results with standalone revenue growing 29% to Rs 2,27,423 Lakhs from Rs 1,76,306 Lakhs. Net profit rose 24% to Rs 17,289 Lakhs from Rs 13,956 Lakhs. EPS improved from Rs 17.00 to Rs 21.06. The company operates in two segments - Energy Division (insulators) and Mobility Division (e-buses & e-trucks), with Mobility contributing Rs 1,94,878 Lakhs (86%) of total revenue. The Board recommended a final dividend of Rs 0.60 per share (15%). Auditors issued unqualified opinions on both standalone and consolidated results. Trade receivables increased significantly by Rs 29,181 Lakhs year-on-year, which may warrant monitoring.
Positive results with robust revenue and profit growth indicate healthy business momentum. The clean audit opinion and dividend recommendation are shareholder-friendly. However, the sharp rise in trade receivables could indicate extended credit terms or collection challenges in the e-bus business that investors should monitor.