Olectra Greentech at crossroads amid EV boom and contract woes

Olectra Greentech at crossroads amid EV boom and contract woes

Olectra Greentech reported a 39% profit rise in Q4 FY25, driven by strong EV bus deliveries and new battery tech. Yet, major setbacks like MSRTC's ₹10,000 crore contract cancellation and BEST’s delivery delays threaten momentum. Despite fresh orders from HRTC, Olectra's future hinges on resolving supply issues and fulfilling commitments in India’s fast-evolving electric mobility sector.

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