Olectra Greentech Shares Rally as Hyderabad EV Plant Starts Operations

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Stock Jumps Over 7%

Olectra Greentech shares surged 7.04% after announcing the start of commercial operations at its greenfield EV manufacturing facility in Hyderabad

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Hyderabad Plant Goes Live

The company declared 31 December 2025 as the commercial operation date for its EV plant at Seetharampur, Telangana

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Production Capacity Details

Phase-I of the plant can produce 2,500 electric buses per shift annually, which is 50% of the planned per-shift capacity of 5,000 buses

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Strong Financial Performance

In Q2 FY26, Olectra Greentech reported a 4.18% rise in net profit to ₹49.55 crore, with net sales up 25.39% year-on-year

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Passenger Vehicles Lead

Passenger vehicle production climbed 34.1% YoY to 2,08,591 units, while light commercial vehicles jumped 59.35% to 3,348 units

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With Our Subscription Plans

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Olectra Greentech Shares Rally as Hyderabad EV Plant Starts Operations

Stock Jumps Over 7%Olectra Greentech shares surged 7.04% after announcing the start of commercial operations at its greenfield EV manufacturing facility in Hyderabad

Hyderabad Plant Goes LiveThe company declared 31 December 2025 as the commercial operation date for its EV plant at Seetharampur, Telangana

Production Capacity DetailsPhase-I of the plant can produce 2,500 electric buses per shift annually, which is 50% of the planned per-shift capacity of 5,000 buses

Strong Financial PerformanceIn Q2 FY26, Olectra Greentech reported a 4.18% rise in net profit to ₹49.55 crore, with net sales up 25.39% year-on-year

Passenger Vehicles Lead Passenger vehicle production climbed 34.1% YoY to 2,08,591 units, while light commercial vehicles jumped 59.35% to 3,348 units