Ola Electric Mobility Ltd

Ola Electric Mobility rises after vehicle registrations nearly double in Q1 FY27

1 Jul 2026

Ola Electric Mobility added 2.79% to Rs 45.01 after the company announced that it has registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 vehicles in Q4 FY26, according to VAHAN data.

The quarter concluded with 16,144 registrations in June 2026, reflecting sustained business momentum and the company's strongest monthly performance in recent quarters. The strong sequential growth demonstrates continued improvement in retail execution, customer demand and product availability, building on the operational initiatives undertaken over the last few quarters. June's performance further reinforces the positive trajectory seen through the quarter, as the company continues to strengthen its position in India's fast-growing electric two-wheeler market. Ola Electric spokesperson said, Q1 FY27 marks a significant milestone in our growth journey, with registrations doubling sequentially and June registering 16,144 vehicles - our strongest monthly performance in recent quarters. The sustained momentum reflects the success of our operational improvements, strong product portfolio and continued customer preference for Ola Electric. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company posted a consolidated net loss of Rs 500 crore in Q4 FY26 compared with a net loss of Rs 870 crore in Q4 FY25 and Rs 487 crore in Q3 FY26. Revenue from operations declined 56.6% YoY and 43.6% QoQ to Rs 265 crore in the March 2026 quarter. Powered by Capital Market - Live News

Ola Electric Mobility Ltd leads gainers in 'A' group

30 Jun 2026

Morepen Laboratories Ltd, Paras Defence and Space Technologies Ltd, Arvind Ltd and Capri Global Capital Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2026.

Morepen Laboratories Ltd, Paras Defence and Space Technologies Ltd, Arvind Ltd and Capri Global Capital Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2026. Ola Electric Mobility Ltd soared 10.91% to Rs 44.83 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 177.31 lakh shares were traded on the counter so far as against the average daily volumes of 109.05 lakh shares in the past one month. Morepen Laboratories Ltd surged 9.32% to Rs 59.71. The stock was the second biggest gainer in 'A' group. On the BSE, 16.66 lakh shares were traded on the counter so far as against the average daily volumes of 8.29 lakh shares in the past one month. Paras Defence and Space Technologies Ltd spiked 7.52% to Rs 1272.8. The stock was the third biggest gainer in 'A' group. On the BSE, 2.61 lakh shares were traded on the counter so far as against the average daily volumes of 4.68 lakh shares in the past one month. Arvind Ltd exploded 7.08% to Rs 587.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.55 lakh shares were traded on the counter so far as against the average daily volumes of 48165 shares in the past one month. Capri Global Capital Ltd advanced 5.86% to Rs 229.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 80.44 lakh shares were traded on the counter so far as against the average daily volumes of 6.04 lakh shares in the past one month. Powered by Capital Market - Live News

Ola Electric gains as homegrown battery technology clears BIS standards

23 Jun 2026

Ola Electric Mobility rose 2.78% to Rs 43.70 after its subsidiary, Ola Cell Technologies (OCT), received Bureau of Indian Standards (BIS) certification for its indigenously developed 46100 lithium iron phosphate (LFP) battery cell.

With the certification, Ola Electric said it has become the first Indian company to receive BIS approval for a domestically developed cell in the 46100 format. The company said the LFP 46100 cell has also qualified under IS 16893 Parts 2 and 3 and UN 38.3 standards, confirming compliance with prescribed electrical, mechanical, environmental, reliability and transportation safety requirements. According to Ola Electric, the battery cell has been developed with significant localisation across materials, components, engineering and manufacturing processes, strengthening its in-house battery technology capabilities. The company said the cell underwent a series of safety, performance and endurance tests at a NABL-accredited laboratory. These included thermal abuse, external short-circuit, forced discharge, impact, vibration, crush, free-fall and mechanical shock assessments. The certified LFP 46100 platform expands Ola Electric's in-house battery portfolio beyond its NMC 4680 Bharat Cell platform. The company said the cell offers an energy density of more than 170 Wh/kg and is designed for applications where safety, lifecycle and cost efficiency are critical. Ola Electric added that thousands of vehicles powered by its 4680 Bharat Cells are already operating on Indian roads, covering millions of kilometres in real-world conditions. The company said its Gigafactory and common 46-series battery architecture for both NMC and LFP chemistries are expected to support future mobility and energy storage applications while reducing dependence on imported cell technologies. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company posted a consolidated net loss of Rs 500 crore in Q4 FY26 compared with a net loss of Rs 870 crore in Q4 FY25 and Rs 487 crore in Q3 FY26. Revenue from operations declined 56.6% YoY and 43.6% QoQ to Rs 265 crore in the March 2026 quarter. Powered by Capital Market - Live News

Ola Electric slips as company launches QIP, sets floor price at Rs 37.74

2 Jun 2026

Ola Electric Mobility fell 1.34% to Rs 39 after the electric vehicle maker announced the launch of a qualified institutions placement (QIP) to raise funds from institutional investors.

The company's Fund Raising Committee, at its meeting held on 1 June 2026, approved the opening of the issue and adopted the preliminary placement document and application form to be circulated to eligible qualified institutional buyers. The committee also approved a floor price of Rs 37.74 per equity share for the issue. The floor price is at 3.23% to the ruling market price and it is at a discount of 4.53% to the previous session's closing price of Rs 39.53. Ola Electric said it may offer a discount of up to 5% on the floor price, subject to regulatory provisions and shareholder approval obtained in November 2025. The final issue price will be determined by the company in consultation with the book-running lead managers. The company has fixed 1 June 2026 as the relevant date for determining the floor price of the QIP. The fundraising exercise follows approvals granted by the company's board in October 2025 and by shareholders through a special resolution passed in November 2025. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company posted a consolidated net loss of Rs 500 crore in Q4 FY26 compared with a net loss of Rs 870 crore in Q4 FY25 and Rs 487 crore in Q3 FY26. Revenue from operations declined 56.6% YoY and 43.6% QoQ to Rs 265 crore in the March 2026 quarter. Ola Electric announced sustained growth momentum in May 2026, with registrations rising to 15,139 units, up from 12,323 units in April, according to VAHAN data. It represents a 23% MoM increase, building on the recovery momentum seen in the months of March and April 2026. Powered by Capital Market - Live News

Ola Electric drops as losses persist despite improving gross margins

21 May 2026

Ola Electric Mobility dropped 4.36% to Rs 35.33 after the company reported weak Q4 FY26 performance despite improvement in gross margins, operating efficiency and cash flow.

The company posted a consolidated net loss of Rs 500 crore in Q4 FY26 compared with a net loss of Rs 870 crore in Q4 FY25 and Rs 487 crore in Q3 FY26. Revenue from operations declined 56.6% YoY and 43.6% QoQ to Rs 265 crore in the March 2026 quarter. Gross profit stood at Rs 102 crore in Q4 FY26, up 21.4% YoY and down 36.6% QoQ. Gross margin improved sharply to 38.5% from 13.7% in Q4 FY25 and 34.3% in Q3 FY26. The company said the improvement was driven by vertical integration, Gen 3 platform maturity and better pricing architecture. Adjusted operating EBITDA loss stood at Rs 326 crore in Q4 FY26 compared with a loss of Rs 323 crore in Q3 FY26 and Rs 760 crore in Q4 FY25. Operating expenses declined 50.83% to Rs 383 crore from Rs 779 crore a year ago. Deliveries during FY26 stood at 1,73,794 units, down 43.55% compared with 3,07,846 units in FY25. Q4 FY26 deliveries came in at 20,256 units. The company said Q4 FY26 was its first operating cash flow positive quarter, with consolidated cash flow from operations at Rs 91 crore against an outflow of Rs 291 crore in Q4 FY25 and Rs 523 crore in Q3 FY26. Free cash flow improved to negative Rs 131 crore from negative Rs 625 crore a year ago and negative Rs 729 crore sequentially. Ola Electric said service operations stabilised during the quarter. Average service turnaround time reduced by 88% from around nine days in October 2025 to nearly one day in March 2026. Service backlog reduced from 14 days to six days, while same-day closures improved to nearly 87%. The company said April registrations rose 20% month-on-month to 12,166 units despite the broader electric two-wheeler industry declining over 22%. Ola added that it now holds around 50% market share in the electric motorcycle segment, with bikes contributing 15% of April gross orders. Ola Electric also said installation of its Gigafactory expansion to 6 GWh is largely complete, with commercialization expected by the end of the current quarter. The company expects Q1 FY27 orders of 40,000-45,000 units and has guided for consolidated revenue of Rs 500-550 crore for the quarter. The automotive segment remained the key contributor to Ola Electric Mobility in Q4 FY26, while the cell business continued to remain in investment mode. The automotive segment reported revenue from operations of Rs 264 crore in Q4 FY26, down 56.8% YoY and 43.5% QoQ. Gross margin improved sharply to 38.3% from 13.8% in Q4 FY25 and 33.8% in Q3 FY26. Adjusted operating EBITDA loss stood at Rs 213 crore compared with a loss of Rs 167 crore in Q3 FY26 and Rs 612 crore in Q4 FY25. The automotive business generated positive cash flow from operations of Rs 213 crore in Q4 FY26 against an outflow of Rs 444 crore in Q3 FY26. Free cash flow turned positive at Rs 173 crore compared with a negative Rs 505 crore in Q3 FY26. Meanwhile, the cell segment reported revenue from operations of Rs 4 crore in Q4 FY26, unchanged YoY and down 55.6% QoQ from Rs 9 crore in Q3 FY26. The segment posted a gross loss of Rs 3 crore in Q4 FY26 compared with a gross profit of Rs 3 crore in Q4 FY25 and Rs 4 crore in Q3 FY26. Gross margin stood at negative 75% in Q4 FY26 versus 79.3% in Q4 FY25 and 42.3% in Q3 FY26. Adjusted operating EBITDA loss for the cell business stood at Rs 42 crore in Q4 FY26 compared with a loss of Rs 53 crore in Q3 FY26 and Rs 36 crore in Q4 FY25. The segment reported a net loss of Rs 82 crore during the quarter versus Rs 89 crore in Q3 FY26 and Rs 53 crore in Q4 FY25. Cash flow from operations for the cell segment stood at negative Rs 39 crore in Q4 FY26 compared with negative Rs 46 crore in Q3 FY26. Free cash flow outflow widened to Rs 221 crore from Rs 192 crore in the previous quarter as the company continued investments in its Gigafactory and battery business expansion. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. Powered by Capital Market - Live News

Ola Electric Mobility Ltd leads losers in 'A' group

21 Apr 2026

ERIS Lifesciences Ltd, Radico Khaitan Ltd, Natco Pharma Ltd and SBI Life Insurance Company Ltd are among the other losers in the BSE's 'A' group today, 21 April 2026.

ERIS Lifesciences Ltd, Radico Khaitan Ltd, Natco Pharma Ltd and SBI Life Insurance Company Ltd are among the other losers in the BSE's 'A' group today, 21 April 2026. Ola Electric Mobility Ltd crashed 4.54% to Rs 37.46 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 97.24 lakh shares were traded on the counter so far as against the average daily volumes of 169.37 lakh shares in the past one month. ERIS Lifesciences Ltd tumbled 4.39% to Rs 1370.1. The stock was the second biggest loser in 'A' group.On the BSE, 18578 shares were traded on the counter so far as against the average daily volumes of 24571 shares in the past one month. Radico Khaitan Ltd lost 4.23% to Rs 3205.65. The stock was the third biggest loser in 'A' group.On the BSE, 52614 shares were traded on the counter so far as against the average daily volumes of 38405 shares in the past one month. Natco Pharma Ltd plummeted 3.72% to Rs 1058.25. The stock was the fourth biggest loser in 'A' group.On the BSE, 31431 shares were traded on the counter so far as against the average daily volumes of 65481 shares in the past one month. SBI Life Insurance Company Ltd fell 3.60% to Rs 1909.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.15 lakh shares were traded on the counter so far as against the average daily volumes of 37669 shares in the past one month.

Ola Electric climbs on strong momentum, rises 36% in three sessions

10 Apr 2026

Shares of Ola Electric Mobility jumped 7.71% to Rs 39.14, extending gains for a third consecutive session.

The stock has rallied 35.86% over the past three sessions and has surged 84.54% from its record low of Rs 21.21 hit on 2 March 2026, indicating a sharp improvement in investor sentiment. The recent momentum follows a series of positive developments. The company announced the readiness of its indigenously developed 46100 format LFP battery cell, marking progress in its battery innovation roadmap. Ola Electric is also scaling up its gigafactory operations and expanding battery manufacturing capacity. It recently reduced prices of its flagship Roadster X+ 9.1 kWh electric motorcycle, supported by improved cost efficiencies from higher cell production. Operationally, the company has reported a recovery in demand. Registrations rose over 150% month-on-month to 10,117 units in March 2026, while daily orders crossed 1,000 units in the final week of the month. The company also crossed 1 million cumulative registrations in March, becoming the first EV manufacturer in India to reach this milestone, according to VAHAN data. Ola Electric Mobility is an Indian electric vehicle manufacturer focused on vertically integrating technology and manufacturing across EVs and key components, including battery cells. The company's net loss widened to Rs Rs 487 crore in Q3 FY26 compared with Rs 418 crore in Q3 FY25. Revenue from operations declined 55% YoY to Rs 470 crore from Rs 1,045 crore.

Ola Electric Mobility Ltd leads gainers in 'A' group

9 Apr 2026

ITI Ltd, Apollo Micro Systems Ltd, Sterlite Technologies Ltd and HFCL Ltd are among the other gainers in the BSE's 'A' group today, 09 April 2026.

ITI Ltd, Apollo Micro Systems Ltd, Sterlite Technologies Ltd and HFCL Ltd are among the other gainers in the BSE's 'A' group today, 09 April 2026. Ola Electric Mobility Ltd soared 16.11% to Rs 35.17 at 11:44 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 263.15 lakh shares were traded on the counter so far as against the average daily volumes of 88.9 lakh shares in the past one month. ITI Ltd surged 12.35% to Rs 299.7. The stock was the second biggest gainer in 'A' group. On the BSE, 11.65 lakh shares were traded on the counter so far as against the average daily volumes of 6.86 lakh shares in the past one month. Apollo Micro Systems Ltd spiked 11.90% to Rs 232.7. The stock was the third biggest gainer in 'A' group. On the BSE, 5.77 lakh shares were traded on the counter so far as against the average daily volumes of 3.9 lakh shares in the past one month. Sterlite Technologies Ltd jumped 8.82% to Rs 218.3. The stock was the fourth biggest gainer in 'A' group. On the BSE, 6.67 lakh shares were traded on the counter so far as against the average daily volumes of 4.97 lakh shares in the past one month. HFCL Ltd rose 7.20% to Rs 80.6. The stock was the fifth biggest gainer in 'A' group. On the BSE, 23.29 lakh shares were traded on the counter so far as against the average daily volumes of 13.31 lakh shares in the past one month.

Ola Electric spurts after registrations climb to 10,117 units in March'26

1 Apr 2026

Ola Electric Mobility zoomed 12.71% to Rs 25.72 after the company announced that its registrations soared 150% to 10,117 units in March 2026 compared with 3,973 units registered in February 2026, signaling a sharp resurgence in demand moment

The daily orders exceed 1,000 units in the last week of March, signaling strong demand momentum. Market share also witnessed a V-shaped M-o-M recovery, with the company continuing to gain share through the month. The company said that this demand recovery is being driven by a structural transformation in service operations. Over 80% of vehicles are now serviced on the same day, enabled by improved parts availability, faster diagnostics, and tighter operational control across the network. Following a period of service challenges in recent months, the company has implemented deep operational changes, resulting in significantly improved turnaround times and customer experience, strengthening customer trust and driving demand. Ola Electric spokesperson said, 'We are seeing a clear inflection in demand, with daily orders scaling steadily through March and accelerating meaningfully in the final weeks. This momentum is being driven by the structural improvements in our service operations, which are now delivering faster turnaround times and a significantly better ownership experience. As customer confidence strengthens, we are seeing stronger conversion across our portfolio, giving us confidence that this recovery will further sustain and scale.' Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company's net loss widened to Rs Rs 487 crore in Q3 FY26 compared with Rs 418 crore in Q3 FY25. Revenue from operations stood at Rs 470 crore, registering de-growth of 55.0% from Rs 1,045 crore.

Ola Electric slumps as Q3 revenue drops 55% YoY; net loss narrows to Rs 487 crore

16 Feb 2026

Ola Electric Mobility fell 5.89% to Rs 29.08 after the compay reported a muted Q3 FY26 performance, with volumes declining significantly, impacting revenue and profitability, although gross margins showed improvement.

Deliveries stood at 32,680 units in Q3 FY26, down 61.1% YoY from 84,029 units and down 37.9% QoQ from 52,666 units. Premium deliveries fell 79.3% YoY to 6,065 units and declined 54.8% QoQ. Mass segment deliveries dropped 51.4% YoY and 32.2% QoQ to 26,612 units. However, cells produced rose sharply to 72,418 units, up 90.2% QoQ from 38,080 units. On a consolidated basis, revenue from operations stood at Rs 470 crore, declining 55.0% YoY from Rs 1,045 crore and 31.9% QoQ from Rs 690 crore. Automotive and cell sales dropped 53.1% YoY and 35.5% QoQ to Rs 433 crore. Production-linked incentive income declined 69.4% YoY, though increased 94.7% QoQ to Rs 37 crore. Gross profit came in at Rs 161 crore, down 17.0% YoY and 24.4% QoQ. However, gross margin improved to 34.3%, compared with 30.9% in Q2 FY26 and 18.6% in Q3 FY25. Total operating expenses stood at Rs 432 crore, down 33.9% YoY, but up 3.8% QoQ. R&D expenses rose 124.1% YoY and 8.3% QoQ to Rs 65 crore. SG&A expenses declined 38.1% YoY and 4.4% QoQ, while other operating expenses fell 42.2% YoY but increased 5.6% QoQ. Adjusted operating EBITDA loss stood at Rs 323 crore, widening from Rs 258 crore in Q2 FY26 but improving from Rs 494 crore in Q3 FY25. Operating EBITDA margin was -68.7%, compared with -37.4% in Q2 FY26 and -47.3% a year ago. Net loss for the quarter stood at Rs 487 crore, widening from Rs 418 crore in Q2 FY26 but narrowing compared with Rs 564 crore in Q3 FY25. Cash flow from operations remained negative at Rs 575 crore in Q3 FY26, compared with a negative Rs 255 crore in Q2 FY26 and negative Rs 851 crore in Q3 FY25. Free cash flow stood at negative Rs 781 crore in Q3 FY26, compared with negative Rs 405 crore in Q2 FY26 and negative Rs 1,076 crore in Q3 FY25. In the automotive segment, revenue from operations stood at Rs 467 crore, down 55.3% YoY from Rs 1,045 crore and lower by 32.1% QoQ from Rs 688 crore. Adjusted operating EBITDA loss stood at Rs 167 crore, improving significantly from a loss of Rs 373 crore in Q3 FY25 but widening from a loss of Rs 102 crore in Q2 FY26. Adjusted EBITDA margin was -35.8%, broadly in line with -35.7% YoY, but weaker than -14.8% in Q2 FY26. In the cell segment, revenue from operations stood at Rs 9 crore, up from Rs 3 crore in Q3 FY25 and Rs 4 crore in Q2 FY26, reflecting scaling up of cell operations. Adjusted operating EBITDA loss widened to Rs 39 crore, compared with losses of Rs 8 crore in Q3 FY25 and Rs 27 crore in Q2 FY26. Adjusted EBITDA margin deteriorated sharply to -228.5%, versus -29.6% YoY and -100.0% QoQ. Ola Electric spokesperson said, Q3 FY26 marks a structural reset for Ola Electric. We chose to fix the fundamentals by restoring service execution, resetting our cost structure, and deepening vertical integration. The result is a leaner operating model with materially lower breakeven and industry-leading gross margins. With service metrics stabilising and our Gigafactory transitioning into commercial scale deployment, we are positioned to enter the next phase of growth with significantly improved operating leverage. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. Powered by Capital Market - Live News

Ola Electric Q3 revenue drops 55% YoY; net loss narrows to Rs 487 crore

14 Feb 2026

Ola Electric Mobility reported a muted Q3 FY26 performance, with volumes declining significantly, impacting revenue and profitability, although gross margins showed improvement.

Deliveries stood at 32,680 units in Q3 FY26, down 61.1% YoY from 84,029 units and down 37.9% QoQ from 52,666 units. Premium deliveries fell 79.3% YoY to 6,065 units and declined 54.8% QoQ. Mass segment deliveries dropped 51.4% YoY and 32.2% QoQ to 26,612 units. However, cells produced rose sharply to 72,418 units, up 90.2% QoQ from 38,080 units. On a consolidated basis, revenue from operations stood at Rs 470 crore, declining 55.0% YoY from Rs 1,045 crore and 31.9% QoQ from Rs 690 crore. Automotive and cell sales dropped 53.1% YoY and 35.5% QoQ to Rs 433 crore. Production-linked incentive income declined 69.4% YoY, though increased 94.7% QoQ to Rs 37 crore. Gross profit came in at Rs 161 crore, down 17.0% YoY and 24.4% QoQ. However, gross margin improved to 34.3%, compared with 30.9% in Q2 FY26 and 18.6% in Q3 FY25. Total operating expenses stood at Rs 432 crore, down 33.9% YoY, but up 3.8% QoQ. R&D expenses rose 124.1% YoY and 8.3% QoQ to Rs 65 crore. SG&A expenses declined 38.1% YoY and 4.4% QoQ, while other operating expenses fell 42.2% YoY but increased 5.6% QoQ. Adjusted operating EBITDA loss stood at Rs 323 crore, widening from Rs 258 crore in Q2 FY26 but improving from Rs 494 crore in Q3 FY25. Operating EBITDA margin was -68.7%, compared with -37.4% in Q2 FY26 and -47.3% a year ago. Net loss for the quarter stood at Rs 487 crore, widening from Rs 418 crore in Q2 FY26 but narrowing compared with Rs 564 crore in Q3 FY25. Cash flow from operations remained negative at Rs 575 crore in Q3 FY26, compared with a negative Rs 255 crore in Q2 FY26 and negative Rs 851 crore in Q3 FY25. Free cash flow stood at negative Rs 781 crore in Q3 FY26, compared with negative Rs 405 crore in Q2 FY26 and negative Rs 1,076 crore in Q3 FY25. In the automotive segment, revenue from operations stood at Rs 467 crore, down 55.3% YoY from Rs 1,045 crore and lower by 32.1% QoQ from Rs 688 crore. Adjusted operating EBITDA loss stood at Rs 167 crore, improving significantly from a loss of Rs 373 crore in Q3 FY25 but widening from a loss of Rs 102 crore in Q2 FY26. Adjusted EBITDA margin was -35.8%, broadly in line with -35.7% YoY, but weaker than -14.8% in Q2 FY26. In the cell segment, revenue from operations stood at Rs 9 crore, up from Rs 3 crore in Q3 FY25 and Rs 4 crore in Q2 FY26, reflecting scaling up of cell operations. Adjusted operating EBITDA loss widened to Rs 39 crore, compared with losses of Rs 8 crore in Q3 FY25 and Rs 27 crore in Q2 FY26. Adjusted EBITDA margin deteriorated sharply to -228.5%, versus -29.6% YoY and -100.0% QoQ. Ola Electric spokesperson said, Q3 FY26 marks a structural reset for Ola Electric. We chose to fix the fundamentals by restoring service execution, resetting our cost structure, and deepening vertical integration. The result is a leaner operating model with materially lower breakeven and industry-leading gross margins. With service metrics stabilising and our Gigafactory transitioning into commercial scale deployment, we are positioned to enter the next phase of growth with significantly improved operating leverage. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. Powered by Capital Market - Live News

Ola Electric Mobility slips on top-level management change

20 Jan 2026

Ola Electric Mobility fell 5.67% to Rs 33.75 after the electric vehicle maker announced a change in its top finance leadership.

In a regulatory filing, the company said Deepak Rastogi has been appointed chief financial officer with effect from 20 January 2026. He succeeds Harish Abichandani, who resigned from the post citing personal reasons, effective at the close of business on 19 January 2026. The company added that its board approved Rastogi's appointment at a meeting held on January 19. With over three decades of experience spanning finance, strategy and governance roles, Rastogi will also be designated as a key managerial personnel and will be part of Ola Electric's senior management team from January 20. Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India's major EV hubs. On a consolidated basis, Ola Electric reported a net loss of Rs 418 crore in Q2 September 2025, compared with a net loss of Rs 495 crore a year earlier. Net sales fell 43.16% YoY to Rs 690 crore in the quarter. Powered by Capital Market - Live News

Ola Electric registers 43,719 vehicles in Q1 FY27

1 Jul 2026

Records 16,144 registrations in June 2026

Ola Electric today announced that it registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 vehicles in Q4 FY26, according to VAHAN data. The quarter concluded with 16,144 registrations in June 2026, reflecting sustained business momentum and the company's strongest monthly performance in recent quarters. The strong sequential growth demonstrates continued improvement in retail execution, customer demand and product availability, building on the operational initiatives undertaken over the last few quarters. June's performance further reinforces the positive trajectory seen through the quarter, as the company continues to strengthen its position in India's fast-growing electric two-wheeler market.

OLAELEC receives BIS certification for its indigenously developed LFP 46100 cell

23 Jun 2026

Ola Cell Technologies (OCT), a wholly owned subsidiary of Ola Electric, today announced that it has received the Bureau of Indian Standards (BIS) certification under IS 16046 (Part 2):2018 / IEC 62133-2:2017 for its indigenously developed LFP 46100 cylindrical cell. With this achievement, Ola Electric becomes the first Indian company to receive BIS certification for an indigenously developed cell in the 46100 format, marking another significant milestone in India's journey towards advanced battery manufacturing and energy independence. In addition to BIS certification, the LFP 46100 cell has successfully qualified under IS 16893 Parts 2 and 3 and UN 38.3 standards, confirming that the cell has completed the prescribed electrical, mechanical, environmental, reliability, abuse, and transportation-safety evaluations. Developed with significant localization across materials, components, engineering, and manufacturing processes, the LFP 46100 demonstrates Ola Electric's growing ability to develop, qualify, and industrialize advanced cell technologies within India. To achieve the BIS certification, Ola Electric's 46100 LFP Cell underwent a series of stringent safety, performance, and endurance tests at a National Accreditation Board for Testing and Calibration Laboratories (NABL)- accredited laboratory. Overall, the cells underwent multiple qualification tests, including thermal abuse, external short circuit, forced discharge, impact, altitude, abnormal charging, vibration, continuous low-rate charging, crush, free fall, and mechanical shock assessments.

Ola Electric Mobility allots 21.75 lakh equity shares under QIP issue

5 Jun 2026

Ola Electric Mobility has approved the allotment of 21,75,78,428 equity shares of face value of Rs 10 each to eligible qualified institutional buyers at an issue price of Rs 35.86 per equity share (including a premium of Rs 25.86 per equity share), which takes into account a discount of 4.98% (i.e., Rs 1.88 per equity share) to the floor price of Rs 37.74 per equity share, determined in accordance with Regulation 176(1) of the SEBI ICDR Regulations, aggregating upto Rs 780.24 crore, pursuant to the Issue. Pursuant to the aforesaid allotment, the paid-up equity share capital of the Company has increased from Rs 44,108,298,850 comprising 4,410,829,885 equity shares of face value of Rs 10 each to Rs 46,284,083,130 comprising 4,628,408,313 equity shares of face value of Rs 10 each.

Ola Electric records 23% MoM growth in registrations in May 2026

1 Jun 2026

Ola Electric today announced sustained growth momentum in May 2026, with registrations rising to 15,139 units, up from 12,323 units in April, according to VAHAN data. It represents a 23% MoM increase, building on the recovery momentum seen in the months of March and April 2026. According to VAHAN, industry volumes grew from approximately 148,000 units in April 2026 to around 170,000 units in May 2026, reflecting growth of about 15%. Against this backdrop, Ola Electric delivered 23% month-on-month growth, growing nearly three times faster than the industry. The third consecutive month of robust sales recovery comes on the back of a front-end retail rejig and better operational execution, as Ola's two-wheeler EV portfolio bounces back amid petrol price increases, marking a broader market shift to electric vehicles.

Ola Electric Mobility to declare Quarterly Result

15 May 2026

On 18 May 2026

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 18 May 2026.

ICRA affirms credit ratings of subsidiaries of Ola Electric

29 Apr 2026

Ola Electric Mobility announced that its material wholly owned subsidiary, Ola Electric Technologies has received reaffirmation in credit ratings from ICRA at ICRA BBB; Negative / ICRA A3+ for various debt facilities of the company. Meanwhile, its other material wholly owned subsidiary Ola Cell Technologies has received reaffirmation in credit ratings at ICRA BBB-; Negative / ICRA A3.

Ola Electric launches new scooter S1 X+ 5.2 kWh With 4680 Bharat Cells

13 Apr 2026

Ola Electric today announced the launch of the new S1 X+ 5.2 kWh, powered by its indigenously developed 4680 Bharat Cell. With this, the company is bringing its advanced in-house cell technology to the mass market, making long range EV scooters accessible for every Indian. Launched at an introductory price of Rs 1,29,999 valid till 15th April, S1 X+ 5.2 kWh marks a major milestone in Ola Electric's journey to drive adoption of high-performance EV technology at scale. This move underscores Ola Electric's vertical integration across cell development, battery pack engineering, and vehicle manufacturing, enabling it to rapidly scale breakthrough technology across segments. The S1 X+ 5.2 kWh brings together strong performance, everyday practicality, and advanced technology in one package. Powered by an 11 kW mid-drive motor with integrated MCU, the scooter delivers a 320 km IDC range and a top speed of 125 km/h. It also comes equipped with Brake-by-Wire and front disc brakes, offering improved control and braking performance.

Ola Electric receives PLI certification for its Roadster X+ 4.5 kWh

3 Apr 2026

Ola Electric Mobility today announced that it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for its Roadster X+ 11 kW 4.5 kWh from the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a significant milestone in the company's expansion into the electric motorcycle segment. T he certification confirms a minimum Domestic Value Addition (DVA) compliance for Roadster X+ 4.5 kWh. The model is eligible for incentives under the PLI-Auto Scheme for all Roadster X+ 4.5 kWh units.

Ola Electric launches limited period festive campaign 'Navratri Mahotsav'

19 Mar 2026

 Ola Electric Mobility today announced the launch of its Navratri Mahotsav, a limited period festive campaign offering benefits of over Rs 30,000 across its S1 scooter and Roadster motorcycle portfolio. As part of the nine-day celebration of Chaitra Navratri, the company has rolled out a range of offers including cash discounts, extended warranty, and instant cashback options. Adding to the festive momentum, Ola Electric will also host daily 90-minute Muhurat windows featuring limited units of select models at special, limited-time prices. Building on a strong customer response to its recently introduced upgrade initiative, Ola Electric has also announced the expansion of its Ola Insider Upgrade Program to 60% of its customer base across India. Initially launched as a pilot in select cities, the program has seen thousands of enquiries and will now be scaled to cover all Gen 1 and Gen 2 Ola Electric customers, enabling them to seamlessly upgrade to the company's latest Gen 3 products. Starting today, Ola Electric is rolling out a suite of limited-period festive offers across its portfolio: Festive Benefits on S1: Customers can avail a ₹9,999 cash discount along with an 8-Year Extended Warranty across the S1 range during the nine auspicious days of Navratri. Roadster Range: The Roadster motorcycles will be available at revised prices, complemented by an 8-Year Extended Warranty. Muhurat Mahotsav: Each day will feature a 90-minute Muhurat window with limited units of the S1 Pro+ 4 kWh priced at ₹99,999 and the Roadster X+ 4.5 kWh at ₹79,999. Cashback: Up to ₹10,000 instant cashback on EMIs on select credit cards Ola Electric currently offers a comprehensive portfolio of Gen 3 S1 scooters and Roadster motorcycles. The premium S1 Gen 3 range includes the S1 Pro+ in 5.2kWh and 4kWh configurations and the S1 Pro in 4kWh and 3kWh configurations, priced at ₹1,80,338, ₹1,60,338, ₹1,39,999, and ₹1,19,999 respectively. The mass-market S1 X lineup includes the Gen 3 S1 X+ (4kWh) and Gen 3 S1 X in 2kWh, 3kWh, and 4kWh variants, priced at ₹1,09,999, ₹84,999, ₹88,999, and ₹1,04,999 respectively. The Roadster motorcycle portfolio includes the Roadster X+ in 9.1kWh and 4.5kWh configurations priced at ₹1,89,999 and ₹1,29,999 respectively, and the Roadster X in 2.5kWh, 3.5kWh, and 4.5kWh configurations priced at ₹99,999, ₹1,09,999, and ₹1,24,999 respectively.   Powered by Capital Market - Live News

Ola Electric celebrates India's ICC World Cup victory with launch of Champions Edition of S1 Pro+ and Roadster X+

10 Mar 2026

Ola Electric today announced the Champions Edition of its flagship 4680 Bharat Cell powered S1 Pro+ (5.2 kWh) scooter and Roadster X+ (9.1 kWh) motorcycle to commemorate India's historic third ICC Men's T20 World Cup victory. The limited Champions Edition will be available at the company stores and website from tomorrow till the end of April 2026. With the Champions Edition, the company aims to give fans a way to hold on to that moment and celebrate it every day. The Champions Edition S1 Pro+ and Roadster X+ feature a vibrant blue livery at no extra cost, marking the country's third T20 World Cup triumph, and celebrating the passion of millions of Indian fans. Powered by Capital Market - Live News

Ola Electric Mobility to announce Quarterly Result

12 Feb 2026

On 13 February 2026

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 13 February 2026. Powered by Capital Market - Live News

Ola Electric commences deliveries of Ola Shakti 9.1kWh in Bengaluru

1 Feb 2026

Ola Electric today announced the commencement of deliveries of Ola Shakti 9.1kWh, the country's first residential Battery Energy Storage System (BESS) solution powered by 4680 Bharat Cells. Deliveries of the 6kW/9.1kWh configuration of Ola Shakti have begun today in Bengaluru, and will be scaled up across India in the coming months. Ola Electric also announced that it has secured the Bureau of Indian Standards (BIS) certification for the 3kW/5.2kWh configuration of Ola Shakti , in continuation of the BIS certification received earlier for the 6kW/9.1kWh variant on January 15, 2026. With this, Ola Electric is now certified to manufacture and sell both versions of Ola Shakti across India. The 3kW/.5.2kWh variant underwent BIS mandatory certification in compliance with safety and environmental standards as per IS 16242 (PART1): 2025 / IEC 62040-1: 2017, including a comprehensive set of safety-critical evaluations covering short-circuit protection, overload protection, electric shock protection, electric energy hazard protection, environmental hazard protection, fire and thermal hazard protection, ingress protection, sonic pressure hazard protection, as well as wiring and connection safety. Powered by Capital Market - Live News

Ola Electric Mobility reports consolidated net loss of Rs 500.00 crore in the March 2026 quarter

20 May 2026

Sales decline 56.63% to Rs 265.00 crore

Net Loss of Ola Electric Mobility reported to Rs 500.00 crore in the quarter ended March 2026 as against net loss of Rs 870.00 crore during the previous quarter ended March 2025. Sales declined 56.63% to Rs 265.00 crore in the quarter ended March 2026 as against Rs 611.00 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 1833.00 crore in the year ended March 2026 as against net loss of Rs 2276.00 crore during the previous year ended March 2025. Sales declined 50.09% to Rs 2253.00 crore in the year ended March 2026 as against Rs 4514.00 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 265.00 611.00 -57 2253.00 4514.00 -50 OPM % -106.04 -113.75 - -43.14 -38.52 - PBDT -319.00 -700.00 54 -1145.00 -1687.00 32 PBT -496.00 -870.00 43 -1829.00 -2253.00 19 NP -500.00 -870.00 43 -1833.00 -2276.00 19 Powered by Capital Market - Live News