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Ola Electric's board approved an enabling resolution to raise up to ₹1,500 Crore via issuance of securities. The meeting also noted management changes and AGM notice.
Ola Electric launched its first cohort of dealer-led partner stores across seven Indian states. The company aims to expand to a 500+ dealership footprint within two quarters.
Ola Electric will hold a board meeting on September 5, 2026, to consider a proposal for raising funds through the issuance of equity or other securities.
Ola Electric Mobility's Company Secretary and Compliance Officer, Mr. Abhishek Jain, has resigned from his position, effective August 28, 2026.
Ola Electric has received a ₹95.81 Crore sanction under the PLI-Auto scheme for FY 2026-27. This incentive supports the company's sustained efforts in domestic manufacturing.
Ola Electric Mobility launched the S1Z electric scooter featuring the 46160 LFP Bharat Cell. Priced at ₹79,999, the model offers a 301 km IDC range.
Ola Electric disclosed a social media communication by its Chairman stating, 'Kicking off our LFP era! Something big drops tomorrow morning, stay tuned.'
Ola Electric launched its Battery Energy Storage System (BESS) portfolio, including residential, commercial, and utility-scale solutions. This marks the company's expansion into energy storage products.
The Ministry of Heavy Industries revised Ola Electric's PLI timelines, allowing the company to unlock up to ₹7,240 Crore in cumulative incentives through CY2031.
Ola Electric returns to sequential growth in Q1 FY27, prioritizing a leaner cost structure and vertical integration through in-house cell manufacturing to reach profitability.
Ola Electric Mobility updated the OEM Employees' Welfare Trust Deed following a change in trustees. This administrative modification involves no material financial or operational impact.
Ola Electric Mobility Limited has released its Key Performance Indicator (KPI) Data Book for Q1 FY27, detailing quarterly operational and financial performance metrics.
Q1 FY27 saw strong automotive recovery with revenue up 72% QoQ to ₹455 Cr. Consolidated gross margin held at 30.5% despite commodity headwinds.
Ola Electric reported Q1 FY27 automotive revenue of ₹455 crore and completed a ₹780 crore Qualified Institutional Placement. Deliveries reached 39,192 units during the quarter.
Ola Electric Mobility Ltd reported revenue from operations of ₹455 Cr (-45.0% YoY) and a net loss of ₹336 Cr for Q1 FY27.
Ola Electric signed an MoU with Axis Energy for the deployment of 20 GWh battery energy storage systems by 2032. This marks the company's expansion into utility-scale storage.
Ola Electric Mobility Limited has scheduled a board meeting for August 7, 2026, to approve the financial results for the quarter ended June 30, 2026.
Ola Electric Mobility Ltd has submitted its quarterly shareholding pattern with the exchange. The disclosure provides the breakdown of equity distribution among promoter and public categories.
Ola Electric replied to NSE’s query, denying undisclosed information or material impact from the media report on supplier disputes. The company confirmed all required disclosures are up‑to‑date.
Ola Electric reported 43,719 vehicle registrations in Q1 FY27, nearly doubling QoQ. June 2026 saw 16,144 registrations, marking its strongest monthly performance.
Ola Electric logged 43,714 registrations in Q1 FY26, nearly double Q4, and 16,144 units in June 2026. Sales surge highlights rapid EV adoption in India.
Ola Electric Mobility Limited successfully closed its QIP, raising ₹780.24 Crore. The company allocated 21.76 crore shares at ₹35.86 each to institutional investors.
Ola Electric Mobility Limited launched a Qualified Institutions Placement (QIP) with a floor price of ₹37.74 per share. The move aims to raise capital from institutional investors.
Ola Electric Mobility Ltd reported revenue from operations of ₹2,253 Cr (-50.1% YoY) and a net loss of ₹1,833 Cr for Q4 FY26.
Ola Electric reported 15,139 unit registrations in May 2026, achieving 23% month-on-month growth. The company significantly outpaced industry growth, marking its third consecutive month of recovery.
Ola Electric Mobility Limited submitted its Annual Secretarial Compliance Report for the financial year 2025-26. The report confirms overall regulatory adherence with no new non-compliance observations.
Ola Electric reported Q4 FY26 consolidated gross margins of 38.5% and turned operating cash flow positive. Management highlighted a structural shift toward vertical integration and cell manufacturing.
Management focused on a significant structural turnaround, achieving first-ever operating cash flow positivity despite lower Q4 volumes. High gross margins and aggressive Opex reduction defined the quarter's financial resilience.
Ola Electric Q4 FY26 results show a reset year with consolidated revenue at ₹265 Cr and a record gross margin of 38.5%. Strategic shift to vertical integration and own-cell manufacturing.
Ola Electric reported FY26 revenue of ₹2,253 Crore and achieved its first cash flow positive quarter. The firm expects Q1 FY27 orders to double.