Shares of Olectra Greentech surged nearly 7% to ₹1,412.60 after the company reported impressive financial performance for the third quarter of FY25. The company posted a robust 52.68% YoY increase in net sales, which stood at ₹506.83 crore compared to ₹331.95 crore in the same quarter last year.
Olectra’s quarterly net profit saw a remarkable growth of 107.82% YoY, reaching ₹46.31 crore, up from ₹22.28 crore in the year-ago period. The company also reported significant improvements in its operational performance, with EBITDA rising 57.93% YoY to ₹78.73 crore compared to ₹49.85 crore. The EBITDA margin improved to 15.4% from 14.3% YoY, reflecting enhanced operational efficiencies and cost optimization.
Additionally, Olectra’s earnings per share (EPS) climbed to ₹5.64 from ₹2.71 a year ago, highlighting the company’s strong financial momentum. Analysts have responded positively to the results, noting that the company’s expansion in the electric vehicle and green mobility sectors could further drive growth.
The surge in Olectra’s stock aligns with investors’ optimism regarding the company’s future performance, as its focus on sustainable transportation solutions continues to gain traction amid rising demand for electric vehicles.
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