Olectra Greentech has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 0.58% fall in its net profit at Rs 18.70 crore for the quarter under review as compared to Rs 18.81 crore for the same quarter in the previous year. Total income of the company decreased by 32.50% at Rs 207.53 crore for Q1FY24 as compared Rs 307.47 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 8.33% rise in net profit at Rs 18.07 crore for the first quarter ended June 30, 2023 as compared to Rs 16.68 crore for the same quarter in the previous year. However, total income of the company decreased by 23.39% at Rs 217.22 crore for Q1FY24 as compared Rs 283.55 crore for the corresponding quarter previous year.
