Electrovaya (NASDAQ:ELVA) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.05 by 20 percent. The company reported quarterly sales of $20.500 million which beat the analyst consensus estimate of $20.255 million by 1.21 percent. This is a 77.41 percent increase over sales of $11.555 million the same period last year.