May 20 (Reuters) - Ola Electric Mobility Ltd OLAE.NS:
OLA ELECTRIC - Q4 WAS A LOW VOLUME QUARTER, BUT IT ALSO SHOWED THE RESET WORKING
OLA ELECTRIC - EXPECT OPEX TO REDUCE FURTHER TOWARDS 3.5 BILLION RUPEES PER QUARTER OVER NEXT COUPLE QUARTERS
OLA ELECTRIC - EXPECT Q1 FY27 ORDERS TO BE 40,000 - 45,000 UNITS
OLA ELECTRIC- DUE TO CURRENT GEOPOLITICAL UNCERTAINTIES, GROSS MARGINS MAY MODERATE IN Q1 AND Q2 FY27 DUE TO COMMODITY INFLATION
OLA ELECTRIC- PLAN TO EXPAND GIGAFACTORY TO 20 GWH BY EARLY NEXT YEAR THROUGH CAPITAL RAISE AT CELL ENTITY LEVEL
OLA ELECTRIC - AS SALES RECOVERED, NETWORK FREE INVENTORY REDUCED TO ONLY 3-4 DAYS OF SALES; NOW RUNNING ORDER BACKLOG
OLA ELECTRIC- DO NOT EXPECT MEANINGFUL INCREMENTAL AUTO CAPEX IN FY27
Source text: ID:nBSE3Pp7kV
Further company coverage: OLAE.NS
((Reuters.Briefs@thomsonreuters.com;))