Olectra Greentech bags order for 8,232 electric vehicles during FY 23-24

| | New Delhi
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Olectra Greentech bags order for 8,232 electric vehicles during FY 23-24

Saturday, 27 April 2024 | PNS | New Delhi

Leading electric vehicles manufacturer Olectra Greentech Limited (OGL), announced its Q4 and full year consolidated financial results ending March 31, 2024. 

The Board of Directors, in its meeting held today, officially approved these remarkable achievements. Company has received total orders of 8,232 electric vehicles during FY 23-24 including 3,000 buses repeated order from BEST – Mumbai in Q4 FY 23-24. 

In Q4 FY23-24, the company has surpassed an order book milestone of 10,000 electric buses in the country.

The company has delivered 1,746 electric vehicles till date including deliveries of 131 electric vehicles in Q4 FY23-24. 

Strong demand continues with the total number of bus orders on hand at 10,969 units. 

The revenue for FY23-24 was `1154.14 crore, up by 5.8 per cent, it said in a statement.

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