Olectra Reports 66% Revenue Growth in Q1 FY27 Results

Olectra Greentech is a company in India that makes electric buses and other electric vehicles.

These are vehicles that run on electricity instead of petrol or diesel.

The company shared its results for the first three months of the new financial year.

It made a lot more money than it did the year before, with revenue going up by 66 percent.

It also sold more vehicles, delivering 358 electric vehicles in just three months.

That is 122 percent more than it delivered during the same time last year.

In total, the company has now delivered more than 4,000 electric vehicles across India.

Many of these are electric buses used for public transportation.

The company's leader, Mahesh Babu, said they faced some challenges like currency changes and supply problems.

He said the company will keep working to build more electric buses and help India move to cleaner transportation.