Ola Electric Mobility Limited — Investor Meet, 13-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ola Electric Q1 FY27 saw deliveries nearly double to ~39,200 units, with Auto revenue up 72% QoQ to 455 Cr. Gross margin held strong at 30.5%. Operating EBITDA significantly improved from negative 326 Cr to negative 195 Cr. A 780 Cr QIP strengthened financials.

Management is confident in future growth via a leaner cost base, targeting 300-325 Cr opex and stable 30-32% gross margins. Strategic moves include a new multi-channel dealer network, and increased own-cell integration as the 6 GWh Gigafactory becomes fully operational. LFP cells will be crucial for new Shakti energy storage products. Management projects a positive business trajectory.