Ola Electric Mobility Limited — Q1FY27 earnings call summary

Filed 13 August 2026 · Official transcript

Capex largely complete; ₹30-50 crore expected for FY27
Q1 FY27 deliveries doubled sequentially to ~39,200 units; orders ~44,000
Cell factory capacity expanded to 6 GWh; own-cell vehicles already deployed
LFP cells BIS-certified; Shakti Gen 2 with LFP to launch 15 Aug
Auto revenue grew 72% q-q to ₹455 crore; gross margin steady at 30.5%
Consolidated opex down 22% q-q to ₹333 crore; adjusted EBITDA loss narrowed to ₹195 crore
New multi-channel dealer strategy launched; first dealers to go live on 4 Sep
Energy storage MoU signed for 20 GWh over 5-6 years with Axis Energy