Olectra Greentech Ltd share price gained 2.97% to Rs 1057.5 after the company's net profit surged by 95.50% to Rs 52.12 crore, while revenue from operations edged up 19.37% to Rs 687.01 crore in Q2FY27 over Q2FY26.

The market capitalization of Passenger Cars & Utility Vehicles industry group stocks on BSE stood at Rs 12.17 lakh crore, declining 1.92%. It has increased 10.73% over last one week and softened by 7.44% in last one month while the market capitalization of Olectra Greentech Ltd has inched up 6.72% and 24.01% in the same period respectively.

Profit before tax (PBT) of Olectra Greentech Ltd stood at Rs 72.74 crore in Q2 FY27, gaining 6.25% year-on-year, and rallying 109.69% quarter-on-quarter. EBITDA came in at Rs 77 crore, slipping 9.55% YoY and expanding by 16.14% sequentially.

Total expenses rose by 16.95% to Rs 610.35 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 532.77 crore, soaring by 22.33% YoY, while employee benefits expense was at Rs 32.17 crore, soaring 44% YoY.

For FY26, revenue from operations surged 28.32% to Rs 2312.17 crore, while net profit saw a strong growth of 28.96% to Rs 179.53 crore, compared to previous FY. EBITDA witnessed a strong improvement of 25480% to Rs 315.52 crore, and PBT witnessed a strong rise of 31.01% to Rs 246.14 crore compared to previous FY.

The company's consolidated net cash flow from operating activities stood at Rs 103.76 crore in FY26, as against Rs 140.67 crore in FY25.

Olectra Greentech Ltd crashed 28.57% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.