The company reported a consolidated net profit of Rs 1.32 crore in Q1 FY22 as against a net loss of Rs 5.08 crore in Q1 FY21. Net sales during the quarter increased by 90.9% Y-o-Y (year-on-year) to Rs 42.27 crore.
Olectra Greentech has major interests in electric buses, composite insulators, amorphous core-distribution transformers, data analysis and IT consulting.
The scrip hit an all-time high at Rs 602.10 during intraday trade.
