Olectra Greentech Limited, India’s leading electric vehicle manufacturer, has announced impressive financial results for Q3 FY 2025-26, showcasing strong operational performance and rising demand for electric mobility solutions. The company achieved its highest-ever quarterly deliveries, reinforcing its leadership in the electric bus and commercial EV segment.
Record-Breaking Quarterly Performance
Olectra reported consolidated revenue of ₹663.60 crore in Q3 FY26, marking a robust 29% year-on-year growth. The company delivered 385 electric vehicles during the quarter—the highest number ever achieved in a single quarter. Strong execution and growing customer demand helped drive this milestone performance.
Key Highlights from Q3 FY26:
- 385 electric vehicles delivered, up from 282 units last year
- Revenue grew 29% YoY to ₹663.60 crore
- EBITDA increased 19% to ₹97.10 crore
- Profit After Tax remained steady at ₹46.68 crore
- Total cumulative EV deliveries reached 3,639 units
- Order book stands at 9,439 vehicles, ensuring strong future visibility
Technology Leadership with Blade Battery Certification
A major development for Olectra this quarter was the certification of its Blade Battery Pack—an industry first in the Indian electric bus segment. The company confirmed that production of buses equipped with this advanced battery technology will begin from the next quarter, strengthening its innovation roadmap and product portfolio.
Strong 9-Month Performance
For the first nine months of FY26, Olectra posted revenue of ₹1,667.45 crore, up 23% from the previous year. EBITDA grew to ₹246.08 crore, while PAT increased to ₹122.14 crore, reflecting consistent growth and operational efficiency.
Driving India’s EV Transformation
With rising adoption of electric public transport and a strong order pipeline, Olectra Greentech is well positioned to benefit from India’s accelerating shift toward sustainable mobility. The company continues to focus on innovation, execution excellence, and large-scale electrification of transport networks.
