Olectra Greentech Reports Strong Q2 Performance with Leadership Changes

1 min read     Updated on 08 Nov 2025, 06:41 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Olectra Greentech Limited announced its financial results for Q2 2025, ending September 30. The company's revenue from operations increased to Rs 64,700.89 lakhs from Rs 33,759.72 lakhs in the previous quarter. Net profit after tax rose to Rs 5,278.05 lakhs from Rs 2,239.14 lakhs. The e-vehicle division generated revenue of Rs 57,164.01 lakhs, while the insulator division contributed Rs 7,536.88 lakhs. Mr. Rajesh Reddy Peketi resigned as Whole Time Director but will continue as a Non-Executive Non-Independent Director. The company's key management includes Mr. Mahesh Babu Subramanian as Managing Director, Mr. B. Sharat Chandra as CFO, and Mr. P. Hanuman Prasad as VP-Company Secretary Legal.

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*this image is generated using AI for illustrative purposes only.

Olectra Greentech Limited , a leading player in the electric vehicle and insulator manufacturing sector, has announced its financial results for the quarter ended September 30, 2025, showcasing robust growth in both revenue and profitability.

Financial Highlights

The company reported a significant increase in revenue from operations, reaching Rs 64,700.89 lakhs compared to Rs 33,759.72 lakhs in the previous quarter. Net profit after tax saw a substantial rise to Rs 5,278.05 lakhs from Rs 2,239.14 lakhs in the prior quarter. The earnings per share stood at Rs 6.43 for the quarter.

Segment Performance

Olectra Greentech operates in two primary segments:

Insulator Division

This segment generated revenue of Rs 7,536.88 lakhs for the quarter.

E-vehicle Division

The e-vehicle segment reported revenue of Rs 57,164.01 lakhs, underlining the growing importance of the electric vehicle market to Olectra's business.

Leadership Changes

The company announced a significant change in its leadership structure:

  • Mr. Rajesh Reddy Peketi has resigned from his position as Whole Time Director due to personal reasons, effective from November 8, 2025. However, he will continue to serve as a Non-Executive Non-Independent Director.

Key Managerial Personnel

Olectra Greentech's updated Key Managerial Personnel now includes:

Position Name
Managing Director Mr. Mahesh Babu Subramanian
Chief Financial Officer Mr. B. Sharat Chandra
Vice President-Company Secretary Legal Mr. P. Hanuman Prasad

Looking Ahead

With its strong performance in both the insulator and e-vehicle divisions, Olectra Greentech appears well-positioned to capitalize on the growing demand for electric vehicles and related infrastructure. The leadership changes and robust financial results indicate that the company is adapting to market dynamics and focusing on sustainable growth.

Note: All financial figures are in Indian rupees and are based on the results for the quarter ended September 30, 2025.

Historical Stock Returns for Olectra Greentech

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Olectra Greentech's Whole Time Director Steps Down, Shifts to Non-Executive Role

1 min read     Updated on 06 Nov 2025, 12:38 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

Rajesh Reddy Peketi, Whole Time Director at Olectra Greentech, has resigned from his executive position due to personal reasons. He will continue with the company as a Non-Executive Director. The effective date for this transition has not been announced yet.

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*this image is generated using AI for illustrative purposes only.

Olectra Greentech , a prominent player in the electric vehicle sector, has announced a significant change in its leadership structure. Rajesh Reddy Peketi, who has been serving as the Whole Time Director, has decided to step down from his executive position.

Leadership Transition

The company disclosed that Peketi's resignation is attributed to personal reasons. However, this move doesn't mark a complete departure from the organization. In an interesting development, Peketi will continue his association with Olectra Greentech in a new capacity as a Non-Executive Director.

Transition Details

Here's a summary of the key points regarding this leadership change:

Aspect Details
Outgoing Position Whole Time Director
New Role Non-Executive Director
Reason for Change Personal reasons
Effective Date Not yet announced

It's worth noting that the company has not yet specified the effective date for this transition. This change in leadership structure could potentially influence the company's operational dynamics, although the extent of this impact remains to be seen.

As Olectra Greentech navigates this leadership transition, stakeholders will likely be keen to observe how this change might affect the company's strategic direction and operational efficiency in the competitive electric vehicle market.

The company's decision to retain Peketi in a non-executive capacity suggests a desire to maintain continuity and leverage his experience, albeit in a different role. This move may help ensure a smoother transition and retention of institutional knowledge within the organization.

As more details emerge about this transition, including the effective date and any potential successor for the Whole Time Director position, investors and industry observers will be watching closely for any implications on Olectra Greentech's future plans and performance in the evolving electric vehicle landscape.

Historical Stock Returns for Olectra Greentech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-2.12%-1.43%+33.11%-6.06%+2,445.09%
Olectra Greentech
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