Olectra Greentech reported a remarkable 156.4% year-on-year increase in net profit, reaching Rs 47.7 crore for Q2 FY25, alongside a 70.5% rise in revenue from operations to Rs 523.7 crore. The company's EBITDA also saw significant growth, climbing to Rs 81.2 crore, with an improved margin of 15.5%. Shares rose 4% following the announcement.
Bajaj Finance, Indus Towers, Paytm, Sonata Software, RITES, Persistent, and Olectra Greentech are set to be in focus in today's stock market. Key developments include significant investments, major deals, quarterly earnings, fundraising efforts, and new appointments.
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