Olectra Greentech Q4 FY26 PAT soars 177%

Hyderabad: EV maker Olectra Greentech Ltd on Friday said its consolidated profit after tax (PAT) soared 177% for the quarter ended March 31, 2026, at Rs 57 crore from Rs 21 crore in the corresponding quarter of 2024-25. This was on a 44% rise in revenue from operation for Q4FY26 at Rs 645 crore as against Rs 449 crore in Q4FY25.For the financial year 2025-26, the Hyderabad-based Megha Engineering & Infrastructures group company clocked a 29% jump in consolidated PAT at nearly Rs 180 crore for FY26 as compared to Rs 139 crore in FY25, driven by its highest-ever annual EV deliveries. Its revenues for FY26 rose 28% to Rs 2312 crore from Rs 1802 crore.The company delivered 1,280 electric vehicles during the year, a 32% increase from 972 units in FY 2024-25. Cumulative electric vehicle deliveries stood at 3,998 as of March 31, 2026, while the order book was 10,161 vehicles.Olectra Greentech managing director Mahesh Babu said the performance reflected the company’s sustained and profitable growth across mobility and energy businesses, supported by operational discipline and execution.“With our energy division recording near-double growth over the previous year, we are strengthening our diversified growth platform. As we move ahead, we remain committed to transforming everyday mobility and building future-ready energy solutions,” he said.