Brief: Ola Electric Expects FY26 Consol Revenue Of Around 30-32 Billion Rupees

Ola Electric Mobility

06/11/2025 05:09

Nov 6 (Reuters) - Ola Electric Mobility Ltd OLAE.NS:

WHILE MARKET HAS BEEN FLAT, COMPETITION HAS INTENSIFIED

EXPECTING TO REDUCE OPEX TO ABOUT 3.5-3.75 BILLION RUPEES BY Q1 FY27

TARGET TOTAL DELIVERIES OF APPROXIMATELY 100,000 UNITS FOR HY26

IN THE RECENTLY CONCLUDED FESTIVE SEASON, SALES WERE FLAT YEAR ON YEAR

BY Q1FY26 WILL LAUNCH CONTAINER BESS PRODUCT WITH OUR OWN CELLS

EXPECT TO START CLAIMING PLI SCHEME INCENTIVES FROM Q4 FY26 ONWARD

EXPECT FY26 CONSOL REVENUE OF AROUND 30-32 BILLION RUPEES

PLANNING TO EXPAND TOTAL CELL-MANUFACTURING CAPACITY TO 20 GWH BY 2ND HALF OF FY27

EXPECT TO EXIT Q4 WITH AUTO GROSS MARGINS AROUND 40%, SEGMENT EBITDA OF AROUND 5%

EXPECT LOWER VOLUMES THAN Q1 GUIDANCE

Source text: ID:nnAZN4QKSOJ

Further company coverage: OLAE.NS

 ((Reuters.Briefs@thomsonreuters.com;))