Ola Electric Mobility Limited (OLAELEC)
Press Release
Press Release - Q1FY27
- Revenue 455 crore +72% q-q; gross margin 30.5%; deliveries 39,192 units +97% q-q
- Market share rose from 5.1% to 8.4% q-q, outpacing 17% E2W market growth
- Operating expenses down 22% q-q to 333 crore, targeting steady-state 300 crore quarterly
- Completed ₹780 crore QIP with 56% oversubscription, strengthening balance sheet
- Broad-based sales growth led by North, East, South, and West regions
- AI integration improved sales conversion by 17% and appointment conversion by 47%
- Cell platform advances with NMC and BIS-certified LFP cells vehicle-ready
- Focus on scaling volumes, opex optimization, dealer expansion, and gigafactory utilization
Source: Original filing PDF
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🚨 OLAELEC — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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