Olectra Greentech Limited, one of India’s leading electric vehicle (EV) manufacturers, has confirmed that there are no delays in its bus delivery commitments in Maharashtra. The company addressed recent concerns during a conference call, assuring stakeholders that all scheduled deliveries will be completed on time.
Delivery Commitments on Track
Olectra stated that its production and logistics operations remain on schedule, and the company continues to meet its obligations under ongoing supply contracts. The reaffirmation comes amid rising demand for electric buses in Maharashtra and other states.
Operational Highlights
Olectra Greentech continues to expand its footprint in the electric mobility space, supported by a strong order book and proven execution capabilities.
- Over 3,000 electric vehicles currently operational across India
- More than 480 million clean kilometers completed
- An order book of 9,818 units across multiple states
Financial Performance (H1 FY26)
Olectra Greentech reported continued growth during the first half of FY26, supported by higher deliveries and operational efficiency.
| Particulars (₹ in lakh) | H1 FY26 | H1 FY25 | % Change |
| Revenue from Operations | 1,00,384.70 | 83,761.20 | +19.80% |
| EBITDA | 14,897.80 | 13,620.30 | +9.40% |
| Profit Before Tax | 10,225.60 | 9,667.70 | +5.80% |
The company’s steady performance underscores its ability to scale production and maintain delivery timelines, reinforcing its leadership position in India’s e-bus segment.
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