Olectra Greentech Limited announces Q4 and Year Ended 31st March 2025 Consolidated Results

In Quarter 4 of FY24-25

 Deliveries increased to 219 electric vehicles in FY 24-25 against 131 electric vehicles delivered in FY 23-24

 EBITDA increased by 36%

 PBT increased by 45%

 PAT saw a remarkable increase of 39%

Hyderabad, May 26, 2025: Leading electric vehicles manufacturer Olectra Greentech Limited (OGL), today announced its Q4 and full year consolidated financial results ended March 31, 2025. The Board of Directors, in its meeting held today, officially approved these remarkable achievements.

During the quarter under report, Olectra delivered 219 electric vehicles, against the 131 delivered in FY 23-24, an increase of 67 per cent.

The revenue for Q4 FY 24-25 was Rs 448.92 crores, up by 55%. This significant revenue growth was recorded as a result of high deliveries during the Quarter. The company has now delivered 2,718 electric vehicles till date. Congratulations to the team for achieving these impressive results. Strong demand continues with the total number of bus orders on hand at 10,022 units.

The company's EBITDA in Q4 FY24-25 reached an impressive Rs 58.35 crores, marking a substantial 36% increase compared to the previous fiscal year. The PBT has surged to Rs 29.25 crores, a remarkable 45% increase from the previous fiscal year's Rs 20.11 crores. The PAT stands at Rs 20.69 crores, compared to Rs 14.89 crores in the previous fiscal year, up by 39%.

The company reported Earnings Per Share (EPS) of Rs 16.92 for the year ended March 31, 2025, compared to Rs 9.36 for the previous year ended March 31, 2025.

Performance Highlights of Full Year

The revenue for the FY24-25 was Rs 1,801.9 crore, up by 56%. The company's EBITDA in current year reached an impressive Rs 276.32 crores, marking a substantial 49% increase compared to the previous year. The PBT surged to Rs 187.88 crores, a remarkable 78% increase from the previous fiscal year's Rs 105.78 crores. The PAT stands at Rs 139.21 crores, up by 77%, compared to the previous fiscal year's Rs 78.65 crores.

Commenting on the results, Olectra Greentech Limited CMD Mr K. V. Pradeep said, “We are pleased to report strong growth in our consolidated revenue and profitability for the Q4 and Full Year FY24-25. Our focus continues on increasing our manufacturing and enhancing our technology capabilities. Our order book remains strong. Notably, we unveiled our latest technology advancement, the Blade Battery Technology, at the Bharat Mobility Global Expo 2025. With its cutting-edge design and exceptional energy density, the Blade Battery promises not only longer ranges but also the faster charging time, ultimately enhancing the performance, safety and reliability. However, this is just the beginning. We are constantly exploring new ways to improve, innovate, and push the boundaries of what is possible in the electric mobility industry setting new benchmarks for the future.