Ola Electric sees Q1 consol sales at up to INR 5.5 billion, 40,000-45,000 orders
This story was originally published at 19:13 IST on 21 May 2026
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--Ola Electric:See Q1 consol sales at INR 5 bln-5.5 bln, 40,000-45,000 orders
MUMBAI – Ola Electric Mobility Ltd. Thursday said it expects consolidated sales of INR 5 billion to INR 5.5 billion in the June quarter. The company said in an exchange filing that it expects 40,000-45,000 orders in the quarter.
The company said it plans to transition its entire vehicle portfolio to its 4680 Bharat Cell by September. It said it is developing "Shakti" as an energy storage solution for other business and "Mahashakti" for commercial, industrial, and utility scale storage.
Thursday, shares of Ola Electric Mobility closed at INR 35.51 on the National Stock Exchange, down nearly 4% from Wednesday. For the March quarter, the company reported a net loss of INR 5 billion on revenue of INR 2.65 billion. End
Reported by Prateem Rohanekar
Edited by Rajeev Pai
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