Ola Electric Mobility Limited (OLAELEC)
Press Release
Ola Electric registered 15,139 units in May 2026, up 23% MoM from April's 12,323 units. This marks the third consecutive month of volume growth. Industry volumes grew 15% MoM to 170,000 units in May. Ola's growth outpaced the industry nearly threefold, driven by retail rejig and operational execution amid rising petrol prices. The company focuses on accelerating EV adoption via technology, scale, and vertical integration.
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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