’s Q1 FY27 revenue fell 45% year-on-year to ₹455 crore, marking its seventh consecutive quarter of top-line drop. While its net loss narrowed to ₹336 crore, cash flow from operations turned negative at ₹215 crore, and EBITDA margins worsened to -43%. Sebi Probe & Settlement: The company received a show-cause notice from Sebi over discrepancies in store count claims and vehicle delivery data versus Vahan portal records. Without admitting liability, Ola Electric plans to resolve the matter through Sebi’s settlement process. Competitor Contrast: In contrast to Ola’s performance, main competitor Ather Energy doubled its Q1 revenue to ₹1,260 crore, narrowed its net loss to ₹51 crore, and achieved operational EBITDA breakeven for the first time. Strategic Pivot to Dealerships: To boost distribution ahead of the festive season, Ola is transitioning toward traditional dealership models, launching its first set of partner stores on Janmashtami to scale up sales before Diwali. Cell & Battery Storage Bets: Ola aims to monetize its 6GWh cell manufacturing capacity by late FY27 and has partnered with Axis Energy for a potential 20GWh battery deployment over six years. Pricing & Guidance: Average selling prices dropped to ₹1.14 lakh following steep discounts. After missing previous targets, management withheld formal revenue and sales guidance for upcoming quarters.

#StockInNews

779 likes·76 comments