Ola Electric Mobility Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Ola Electric reported Q1 FY27 results showing deliveries of approximately 39,200 units, nearly doubling quarter-on-quarter, with auto revenue growing 72% sequentially to ₹455 crore and gross profit of ₹139 crore. Consolidated adjusted operating EBITDA improved from negative ₹326 crore in Q4 FY26 to negative ₹195 crore in Q1 FY27, while operating expenses declined 22% sequentially to ₹333 crore. Management also described a shift to a multi-channel dealership distribution strategy, progress on the Cell business including a 6 GWh Gigafactory installation, and a first MoU for the Mahashakti energy-storage product with Axis Energy.
Ola Electric reported Q4 FY26 consolidated gross margin of 38.5%, up from 34.3% in Q3, alongside its first operating cash flow positive quarter with consolidated CFO of 91 crores. Management said full year FY26 revenue was 2,253 crores on 173,794 deliveries, while OpEx was reduced sharply from 844 crores to 428 crores year-on-year in Q4. Management outlined plans to scale the Gigafactory toward 6 GWh, ramp motorcycle sales, and guided to 40,000-45,000 orders and 500-550 crores of revenue in Q1 FY27.