Latest news with #OGL
Time of India
3 days ago
- 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
3 days ago
- 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.
Yomiuri Shimbun
5 days ago
- Entertainment
- Yomiuri Shimbun
Welsh Artist Creates Artwork to Highlight Japan-Wales Links; Himeji, Conwy Castle Among Designs on Show
© Crown Copyright / Licensed under U.K. OGL v3.0. Full-color version of tetsuin railway stamps created by Jonathan Edwards, representing (left) Himeji Castle and Conwy Castle, and (right) Mt. Fuji and Yr Wyddfa (Mt. Snowdon), the tallest mountain in Wales. Y Ddraig Goch, the red dragon that symbolizes Wales, stands out with its tongue and tail shaped like arrowheads. To celebrate ties between Japan and Wales, Welsh artist Jonathan Edwards created designs with the dragon in front of scenes depicting both countries, with its arrowheads pointing at each of them. Edwards was among the Welsh artists whose Japan-inspired work was on show at the 2025 Osaka-Kansai Expo on Wales Day at the U.K. pavilion on April 29. Edwards' work takes the form of full-color tetsuin railway stamp designs. He was given a brief to come up with various designs and narrowed it down to themes such as nature and technology. © Crown Copyright / Licensed under U.K. OGL v3.0. Jonathan Edwards 'It was a great honor,' Edwards told The Japan News via e-mail when asked about having his work on display at the Expo. 'To walk into such a spectacle and then see people using my stamps was a moment of great pride.' One of the most striking designs is an image of Himeji Castle in Himeji, Hyogo Prefecture, and Conwy Castle in North Wales. The castles, both UNESCO World Heritage sites which were both built around the same time, were twinned in 2019. Another features Mt. Fuji along with Yr Wyddfa (Mt. Snowdon), the tallest mountain in Wales and one of the most popular tourist attractions in the United Kingdom. Visitors to the Expo were able to make prints of the designs with a monochrome ink version of stamps similar to those found at Japanese train stations. © Crown Copyright / Licensed under U.K. OGL v3.0. Jonathan Edwards, right, at the 2025 World Expo in Osaka on April 29. Courtesy of Jonathan Edwards Close ties Japan and Wales have many links in various fields. Many Japanese companies have bases in Wales, including Sony Crop. and Panasonic Corp. Both companies have had a presence there for over 50 years. The country even provided Hayao Miyazaki with inspiration for his movie 'Tenku no shiro rapyuta' (Laputa: Castle in the Sky). Edwards, from Wrexham in North Wales, first visited Japan 20 years ago. He has previously held exhibitions of his works in Nara and Osaka, and in 2021, his work was displayed on store windows at the Hankyu Department Store Osaka Umeda Main Store. He has also produced prints and books of his work themed on Japan. © Crown Copyright / Licensed under U.K. OGL v3.0. An ink version of a stamp available for visitors to sample Edwards said he is a big fan of many Japanese illustrators, including Ryohei Yanagihara and Akira Uno, and finds Japan 'endlessly inspiring.' 'I've been asked by a lot of people in the U.K. if they'll get to see [the stamps] used in Wales,' he said. 'It would be great to see them used at Welsh train stations.' Works from other Welsh artists and performers were also on display at the Expo, including hand-woven blankets by textile artist Llio James that were made using traditional Welsh fabrics.
Hans India
26-05-2025
- Automotive
- Hans India
Olectra Greentech Reports Impressive Growth in Q4 and Full Year 2024-25 Results
Hyderabad: Olectra Greentech Limited (OGL), a prominent electric vehicle manufacturer, has revealed its consolidated financial results for the fourth quarter and full year ending 31 March 2025, showcasing remarkable growth. In the final quarter, Olectra delivered 219 electric vehicles, a notable 67% increase compared to the 131 units delivered in the same period last year. This surge in deliveries contributed to a revenue of ₹448.92 crores for Q4 FY 24-25, representing a 55% increase year-on-year. To date, the company has successfully delivered 2,718 electric vehicles, driven by robust demand, as evidenced by an impressive order backlog of 10,022 bus units. Olectra's EBITDA for Q4 FY 24-25 reached ₹58.35 crores, reflecting a significant 36% increase from the previous fiscal year. Pre-tax profits (PBT) soared to ₹29.25 crores, marking a remarkable 45% growth from last year's ₹20.11 crores. The company's profit after tax (PAT) stood at ₹20.69 crores, up by 39% from ₹14.89 crores a year prior. The earnings per share (EPS) for the year ending 31 March 2025 were reported at ₹16.92, compared to ₹9.36 for the previous year. For the full financial year, Olectra recorded a total revenue of ₹1,801.9 crores, a 56% increase. The EBITDA for the year hit ₹276.32 crores, up by 49%, while PBT surged to ₹187.88 crores, an impressive 78% increase compared to ₹105.78 crores in the prior fiscal year. The PAT for the year was ₹139.21 crores, reflecting a 77% increase from ₹78.65 crores. Commenting on the results, Olectra Greentech Limited's Chairman and Managing Director, Mr K. V. Pradeep, expressed satisfaction with the strong growth in revenue and profitability for both Q4 and the full year. He emphasised the company's commitment to enhancing manufacturing capabilities and technology. Notably, Olectra unveiled its innovative Blade Battery Technology at the Bharat Mobility Global Expo 2025, which promises advanced energy density, quicker charging times, and improved overall performance, safety, and reliability in electric mobility. Mr Pradeep concluded by reaffirming Olectra's dedication to innovation and excellence within the electric mobility sector, setting ambitious benchmarks for the future.
