Latest news with #KVPradeep
Time of India
07-07-2025
- Business
- Time of India
Stocks in news: Tata Steel, IDBI Bank, Ultratech, Godrej Consumer, BEML
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Markets remained volatile for yet another session and ended on a flat note on Friday. In today's trade, shares of Tata Steel IDBI Bank , Ultratech, Godrej Consumer BEML among others will be in focus due to various news developments and first quarter updates. Suzlon Energy has received 'no adverse observations' letters from the NSE and BSE for a corporate restructuring plan where its wholly-owned subsidiary Suzlon Global Services will be merged with the parent entity. UltraTech Cement denied reports suggesting that it is under probe in a cement cartelisation case being investigated by the Competition Commission of India (CCI).RVNL received letter of award worth Rs 143.4 crore from Southern Railway for upgradation work of electric traction said it has secured two separate export orders with a combined value of approximately $6.23 Steel said it has received a demand letter from the office of the Deputy Director of Mines, Jajpur, regarding a revised assessment related to a shortfall in the dispatch of minerals from its Sukinda chromite company's standalone business likely to deliver high-single digit value growth on back of mid-single digit UVG in Brazilian Regulatory Authority completed GMP inspection of arm Shilpa Pharma Lifesciences and concludes with no major Bank's total business rose 8% YoY at Rs 5.08 lakh crore. The total deposits increased 7% YoY to Rs 2.97 lakh Greentech accepted resignation of KV Pradeep as Managing Director of the company with effect from July 4.
Time of India
31-05-2025
- Automotive
- Time of India
EV maker Olectra Greentech Q4 PAT up 39%
Electric vehicles (EV) manufacturer Olectra Greentech Limited (OGL), part of the Megha Engineering & Infrastructures group, posted a 39% jump in profit after tax ( PAT ) for the fourth quarter, at ₹20.69 crore compared to ₹14.89 crore in the corresponding quarter of the previous fiscal year. This was on a 55% rise in revenue for Q4FY25 at ₹448.92 crore. The company attributed the surge in revenue to a 67% jump in deliveries during the quarter at 219 EVs as against 131 EVs delivered during Q4FY24 . The company has delivered 2,718 EVs to date and has orders of 10,022 buses on hand. Till March 31, the company clocked a 77% jump in PAT at ₹139 crore from ₹78.65 crore in FY24. This was on a 56% rise in revenues at ₹1802 crore in FY25. Olectra Greentech Limited chairman & managing director KV Pradeep said the company continues to focus on increasing its manufacturing capacities and enhancing technology capabilities, as part of which the company unveiled the Blade Battery technology at the Bharat Mobility Global Expo 2025. "With its cutting-edge design and exceptional energy density, the Blade Battery promises not only longer ranges but also faster charging time, enhancing performance, safety, and reliability," he said.
Time of India
30-05-2025
- Automotive
- Time of India
EV maker Olectra Greentech Q4 PAT up 39%
Hyderabad: Electric vehicles (EV) manufacturer Olectra Greentech Limited (OGL), part of the Megha Engineering & Infrastructures group, posted a 39% jump in profit after tax (PAT) for the fourth quarter, at Rs 20.69 crore compared to Rs 14.89 crore in the corresponding quarter of the previous fiscal year. This was on a 55% rise in revenue for Q4FY25 at Rs 448.92 crore. The company attributed the surge in revenue to a 67% jump in deliveries during the quarter at 219 EVs as against 131 EVs delivered during Q4FY24. The company has delivered 2,718 EVs to date and has orders of 10,022 buses on hand. Till March 31, the company clocked a 77% jump in PAT at Rs 139 crore from Rs 78.65 crore in FY24. This was on a 56% rise in revenues at Rs 1802 crore in FY25. Olectra Greentech Limited chairman & managing director KV Pradeep said the company continues to focus on increasing its manufacturing capacities and enhancing technology capabilities, as part of which the company unveiled the Blade Battery technology at the Bharat Mobility Global Expo 2025. "With its cutting-edge design and exceptional energy density, the Blade Battery promises not only longer ranges but also faster charging time, enhancing performance, safety, and reliability," he said.
Time of India
26-05-2025
- Automotive
- Time of India
EV maker Olectra Greentech posts 39% jump in Q4FY24 PAT
EV maker Olectra Greentech posts 39% jump in Q4FY24 PAT HYDERABAD: Electric vehicles (EV) manufacturer Olectra Greentech Limited (OGL), which is a part of the Megha Engineering & Infrastructures group, posted a 39% jump in profit after tax (PAT) for the fourth quarter ended March 31, 2025, at Rs 20.69 crore compared to Rs 14.89 crore in the corresponding quarter of the previous fiscal year. This was on a 55% rise in revenue for Q4FY25 at Rs 448.92 crore. The company attributed the surge in revenue to a 67% jump in deliveries during the quarter at 219 EVs as against 131 EVs delivered during Q4FY24. The company has delivered 2,718 EVs to date and has orders of 10,022 buses on hand. For the year ended March 31, 2025, the company clocked a 77% jump in PAT at Rs 139 crore from Rs 78.65 crore in FY24. This was on a 56% rise in revenues at Rs 1802 crore in FY25. Olectra Greentech Limited Chairman & Managing Director KV Pradeep said the company continues to focus on increasing its manufacturing capacities and enhancing technology capabilities, as part of which the company unveiled the Blade Battery technology at the Bharat Mobility Global Expo 2025. "With its cutting-edge design and exceptional energy density, the Blade Battery promises not only longer ranges but also faster charging time, enhancing performance, safety, and reliability," he said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
26-04-2025
- Business
- Hans India
Olectra Greentech unveils high-strength GFRP Rebar
Hyderabad: In a major technological breakthrough for the infrastructure sector, Olectra Greentech Limited, a pioneer in electric mobility solutions in India, has launched its cutting-edge GFRP Rebar (Glass Fiber Reinforced Polymer Rebar) during the prestigious MEIL Budget Meet. This innovation marks a paradigm shift in concrete reinforcement, offering unmatched strength, durability, and sustainability. The revolutionary GFRP Rebar was officially launched by MEIL Managing Director P V Krishna Reddy, in the presence of Olectra CMD KV Pradeep, MEIL Group Directors CH Subbiah and B Srinivas Reddy. 'We are very happy to launch this revolutionary product, marking Olectra's official entry into the construction industry. With its superior advantages, GFRP Rebar not only ensures cost savings and low maintenance but also significantly improves the lifespan of structures. Its applications range from industrial flooring to pavements and bridge decks. Its eco-friendly and non-corrosive properties make it an ideal alternative to steel rebar, especially for marine projects', said KV Pradeep.
