Hyderabad, June 1, 2026: Olectra Greentech Limited, India’s leading electric mobility company, reported a strong financial and operational performance for FY 2025-26, driven by record electric vehicle deliveries, sustained demand, operational efficiency and continued growth across its mobility and energy businesses. The company delivered its highest-ever annual electric vehicle volumes, supplying 1,280 electric buses during the year, a 32% increase over the previous fiscal. This performance helped drive revenue to ₹2,312.17 crore, representing a robust 28% year-on-year growth.Profitability also remained strong, with EBITDA rising 27% to ₹352.28 crore, while Profit Before Tax (PBT) increased 31% to ₹246.14 crore. Profit After Tax (PAT) grew 29% to ₹179.53 crore, reflecting disciplined execution, operational efficiencies and the benefits of scale. Earnings per share (EPS) rose 28% to ₹21.62.
The company also closed the year with a strong order pipeline. As of March 31, 2026, Olectra’s order book stood at 10,161 electric vehicles, providing substantial visibility for future growth. Cumulative electric vehicle deliveries since inception reached 3,998 units, further strengthening the company’s leadership position in India’s electric mobility sector. Alongside its mobility business, Olectra’s Energy Division recorded nearly double the growth achieved in the previous year, highlighting the company’s diversified growth strategy and expanding presence in clean energy solutions. The strong annual performance was complemented by an impressive fourth quarter. During Q4 FY26, revenue grew 44% year-on-year to ₹644.72 crore, while EBITDA surged 82% to ₹106.20 crore. Profit After Tax witnessed a sharp 177% increase to ₹57.39 crore, underscoring improved operating leverage and execution strength.
Commenting on the results, Mr. Mahesh Babu, Managing Director, Olectra Greentech Limited, said, “Olectra’s performance reflects our continued focus on sustainable and profitable growth across both our Mobility and Energy businesses. Delivering 28% revenue growth alongside strong profitability reinforces the strength of our fundamentals and provides a solid foundation for the next phase of expansion.
Over the last three quarters, we have delivered consistent performance driven by customer trust, operational discipline and execution excellence, despite challenging global conditions. With our Energy Division recording near-double growth over the previous year, we are further strengthening our diversified growth platform. Going forward, we remain committed to transforming everyday mobility and building future-ready energy solutions that create long-term value for all stakeholders.” With record deliveries, expanding profitability and a robust order book, Olectra Greentech enters FY27 from a position of strength, well placed to capitalize on the growing adoption of electric mobility and the increasing focus on sustainable transportation solutions across India.
