Hyderabad: Green mobility player Olectra Greentech Ltd has reported a 5% rise in profit after tax to ₹52 crore for the second quarter ended Sept 2026, from ₹49 crore in the same period of last financial year, supported by steady revenue growth and improved execution in its electric mobility business.The Hyderabad-based electric vehicle maker said revenue for the quarter too grew 5% during Q2FY27 to ₹687 crore from ₹657 crore. The company attributed the performance to a strong operating foundation, continued focus on execution and rising contribution from India’s electric public transportation ecosystem.Olectra said demand remained supported by deliveries of electric vehicles during the quarter, with a strong order book of more than 8,000 electric buses, which provides visibility for future execution. The company also said its expanding presence across public transport networks continued to strengthen its position in the country’s electric mobility market.“Our Q2 FY27 results reflect the continued strength of our business, with positive growth in revenue, vehicle deliveries and profitability,” said Mahesh Babu, managing director, Olectra Greentech Ltd.He said the company remains focused on innovation, operational efficiency and creating long-term value while supporting India’s transition to sustainable mobility as it gears up to introduce its new generation of Olectra electric buses that have been developed indigenously for domestic and international markets in Q4 of the current financial year.The company said cumulative deliveries crossed 4,750 EVs and it now has a presence across 55 cities with over 750 million green km covered.
