Hot Pursuit     08-Dec-23
Olectra Greentech gains on bagging LoA from Vasai Virar City Municipal Corp
Olectra Greentech rose 1.95% to Rs 1,257.80 after the company received letter of award (LoA) from Vasai Virar City Municipal Corporation, Mumbai for supply and maintenance of 40 electric buses.
The said order for the supply of 40 electric buses is on outright sale basis and which shall be delivered over a period of 7 months. The value of the electric buses would be Rs 62.80 crore.

Olectra Greentech is engaged in the manufacturing of composite polymer insulators, electric buses and electric trucks.

The company's consolidated net profit surged 138.3% to Rs 18.06 crore on 73.2% jump in net sales to Rs 307.16 crore in Q2 FY24 over Q2 FY23.

Previous News
  Olectra Greentech standalone net profit declines 0.58% in the June 2023 quarter
 ( Results - Announcements 07-Aug-23   18:19 )
  Olectra Greentech consolidated net profit rises 8.72% in the June 2023 quarter
 ( Results - Announcements 07-Aug-23   18:21 )
  Olectra Greentech to declare Quarterly Result
 ( Corporate News - 16-Apr-24   17:27 )
  Olectra Greentech to declare Quarterly Result
 ( Corporate News - 20-Jan-24   12:13 )
  Olectra Greentech reports standalone net profit of Rs 9.00 crore in the March 2021 quarter
 ( Results - Announcements 16-Jun-21   18:18 )
  Olectra Greentech spurts after Q4 PAT climbs 52% YoY to Rs 27 cr
 ( Hot Pursuit - 08-May-23   10:39 )
  Olectra Greentech gains on bagging LoA from Vasai Virar City Municipal Corp
 ( Hot Pursuit - 08-Dec-23   10:33 )
  Olectra Greentech wins order of Rs 62.80 cr
 ( Corporate News - 08-Dec-23   09:31 )
  Olectra Greentech consolidated net profit declines 44.45% in the March 2021 quarter
 ( Results - Announcements 16-Jun-21   18:41 )
  Olectra Greentech gains on securing contract for supplying 123 electric buses
 ( Hot Pursuit - 20-Sep-22   09:21 )
  Olectra Greentech schedules AGM
 ( Corporate News - 10-Aug-19   10:52 )
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