On this page
Ola Electric narrows Q1 loss, but 45% revenue fall splits broker outlook
Ola Electric narrowed its Q1 loss but revenue fell 45% year-on-year. Goldman Sachs initiated a Neutral rating with a Rs 40 target, while Emkay retained Sell at Rs 30, citing cash burn and intensifying competition from incumbents and Ather.
Get the 07:30 IST India retail brief
One email each morning: the day’s top moves in Indian retail, why each matters and what to watch. Free. Stop any time.
Reported figures
From the report. Source details below
| Q1 net loss: | Rs 336 crore |
|---|---|
| Year-ago Q1 net loss: | Rs 426 crore |
| Q1 revenue: | Rs 455 crore |
| Year-ago Q1 revenue: | Rs 828 crore |
| Q1 orders: | 44,071 units |
| Q1 deliveries: | 39,192 units |
| Auto revenue growth: | 72% QoQ |
| Auto gross profit: | approximately Rs 139 crore |
| Auto gross margin: | 30.5% |
| E-2W market share: | 8.3% in Q1 versus 5% in Q4 |
| Guided quarterly opex: | Rs 300 crore |
| Q4FY26 opex: | Rs 380 crore |
| Bloomberg consensus target: | Rs 31.25 |
The source
Published
First seen