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Q2 revenue of ₹421 Cr fell ~7% QoQ and the loss widened to ₹362 Cr. Management emphasises demand, dealers and stabilisation over the widening losses.
Q2 FY27 consolidated revenue ₹421 Cr (down 39% YoY), PAT loss ₹362 Cr, gross margin 29.9%. Strategy: dealer-led model, supply-constrained demand, 6 GWh cell SCOD achieved.
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.
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 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.