Brief: Ola Electric Sees FY26 Revenue Around 42-47 Billion Rupees

Ola Electric Mobility

14/07/2025 06:20

July 14 (Reuters) - Ola Electric Mobility Ltd OLAE.NS:

FOR SHORT TERM, HAVE REASONABLE INVENTORY LEVELS AND SOURCING RARE EARTH MAGNETS FROM TWO COUNTRIES OF ORIGIN

EXPECT FY26 VOLUMES TO BE AROUND 325,000 - 375,000 VEHICLES

ALREADY PRODUCTIONISED RARE EARTH FREE MOTORS WHICH WILL BE COMING INTO PRODUCTS STARTING NEXT QUARTER

SEES FY26 REVENUE AROUND 42-47 BILLION RUPEES

IN CELL BUSINESS, WILL BE COMPLETING 5GWH INSTALLATION THIS YEAR

FOR Q2, EXPECT AUTO EBITDA TO TURN POSITIVE AND AUTO BUSINESS TO GENERATE OPERATING CASHFLOW LATER IN FY26

GOAL IN THIS PHASE IS TO CONSOLIDATE OPERATIONS, IMPROVE MARGINS

Source text: ID:nNSE4FLpN4

Further company coverage: OLAE.NS

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