Olectra Greentech Q2 profit rises 6.8% to ₹53 crore
In short
Olectra Greentech said its Q2 net profit rose 6.8% to ₹53 crore, and revenue increased 4.6%. EBITDA margin slipped to 13.4% from 13.6% last year.
The board also approved selling its full 34% stake in Evey Trans (UJJ). That is a major ownership move for the company.
What the reporting says
Olectra Greentech reported a 6.8% rise in net profit to ₹53 crore in the second quarter, with revenue up 4.6%, according to the headline and market summary. EBITDA margin narrowed to 13.4% from 13.6% a year ago. The board also approved the sale of the company’s entire 34% stake in Evey Trans (UJJ), adding a strategic corporate action to the results update.
Why it matters
Olectra Greentech posted a 6.8% rise in quarterly net profit to ₹53 crore and a 4.6% increase in revenue, while EBITDA margin eased to 13.4% from 13.6%. The board also approved selling its entire 34% stake in Evey Trans (UJJ). Investors may focus on margin pressure and the stake sale as part of the company’s capital allocation and business restructuring.