Ola Electric guides Rs 500-550 Cr Q1 FY27 revenue as margins expand, OpEx halves
Ola Electric is targeting a FY27 turnaround with Q1 orders of 40,000-45,000 units and revenue of Rs 500-550 crore. Gross margins hit 38.5% in Q4, OpEx nearly halved to Rs 428 crore from Rs 844 crore YoY, and warranty costs collapsed to Rs 59 crore from Rs 500 crore. CFO turned positive at Rs 91 crore, with Roadster motorcycles now 15% of volumes.
Ola Electric guides for FY27 turnaround with Q1 revenue of Rs 500-550 crore, gross margins at 38.5%, halved OpEx, first operating cash flow positive quarter, and rising registrations driven by Roadster motorcycle demand in north India.
Why this matters
Reinforces Ola Electric's FY27 turnaround narrative, building on recent signals around order surge, 38.5% gross margins, and first positive cash flow as the company resets its cost base.
Retail-company signals steady at 955 over the past 90 days.
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