• Financial performance: Top-line growth stood at approximately 15% with a 19% increase in PBT, while long-term debt was reduced by around ₹500 crore during the quarter.
• FY27 revenue target: The company is targeting a top-line of ₹7,000 to ₹7,500 crore by FY27, with stable EBITDA margins and a focused margin recovery in the second half of the year.
• Segment growth outlook: The EV division is projected to contribute 45% of turnover, growing 30–40% to reach ₹3,000–₹3,200 crore, while the component and tool room businesses are expected to grow 10–15% each.
• Olectra supply deal: The agreement to supply 500 electric buses is expected to generate ₹750 to ₹800 crore in revenue, with deliveries primarily taking place this year and concluding by Q1 of next fiscal year.