Ola Electric Mobility Q2 Results 2026 (FY27): Revenue ₹421 Cr, PAT ₹362 Cr
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
Guidance rank: #6 of 12 in Automobiles
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Based on Ola Electric Mobility Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Q2 FY27 consolidated revenue from operations: ₹421 crore, down from ₹690 crore in Q2 FY26 (approx. -39% YoY). Quarter: Q2 FY27.
From Ola Electric Mobility Ltd's Q2 FY27 earnings-call transcript · updated 12 Nov 2026.
How did Ola Electric Mobility's revenue grow in the September 2026 quarter?
- Q2 FY27 consolidated revenue from operations: ₹421 crore, down from ₹690 crore in Q2 FY26 (approx. -39% YoY).
- Automotive segment Q2 FY27 revenue: ₹420 crore, down from ₹688 crore in Q2 FY26 (approx. -39% YoY).
- Cell segment Q2 FY27 revenue: ₹3 crore, down from ₹4 crore in Q2 FY26.
- E2W industry volumes for Q2 FY27: 599,317 units, up 82.7% YoY.
- EV penetration in two-wheeler market reached 11.2% in Q2 FY27.
- Production was flat for several months; expected to produce ~25,000 vehicles in December.
- Demand exceeds supply; supply chain ramp-up is constraint, not manufacturing capacity.
- Paid order backlog exists, expected to be cleared with production ramp.
2 more points from Ola Electric Mobility Ltd's call on revenue
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What happened to Ola Electric Mobility's margins in Q2 FY27?
See what Ola Electric Mobility Ltd said on profitability & margins — free account, 30 seconds.
What capex is Ola Electric Mobility planning?
- Commissioned a Gigafactory with 6 GWh cell capacity; SCOD achieved ahead of schedule (Page 6,7).
- Cell production ramping, with yields improving (NMC cells from 70-75% to expected 90% by Q4 FY27; LFP starting ramp, ~70% yield by Q3 FY27) (Page 7).
- Integrating own LFP cells into vehicles starting Q4 FY27, aiming for ~90% integration in Q1 FY28 (Page 7).
- Expected cell consumption of 2-3 GWh by FY28 for automotive demand (Page 7).
- Shakti Gen 2 cell product ready; launch planned in Q4 FY27, expected to scale through FY28 (Page 7).
2 more points from Ola Electric Mobility Ltd's call on capex
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Top-ranked in Automobiles
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Is Ola Electric Mobility raising money or cutting debt?
See what Ola Electric Mobility Ltd said on fundraising & capital structure — free account, 30 seconds.
How big is Ola Electric Mobility's order book?
- The presentation indicates a backlog of paid orders, noting about 5,000 vehicles with paid orders in September had deliveries delayed by a week, pushing them into October, due to charger unavailability (Page 6).
- It mentions running a paid order backlog after the transition to dealers, which the company intends to quickly extinguish as production ramps up (Page 6).
- Dealer wholesale orders have ramped up, with repeat orders becoming a larger portion, indicating growing order inflow and strong dealer demand (Page 5).
2 more points from Ola Electric Mobility Ltd's call on order book
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Ola Electric Mobility Ltd — Quarterly revenue & net profit
Q2 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q2 FY27 numbers from the filing are in the analysis on this page.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹265 Cr, net loss ₹500 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →More Q2 FY27 results in Automobiles
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What Ola Electric's management said in earlier quarters
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Potential multibaggers · Q2 FY27
Potential multibaggers in Automobiles
on management's own guidance
- M & MGood growth2
- Strong growth1
- Bajaj AutoGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Ola Electric Mobility Ltd Q2 FY27 results?
Q2 FY27 consolidated revenue from operations: ₹421 crore, down from ₹690 crore in Q2 FY26 (approx. -39% YoY). Quarter: Q2 FY27.
What is Ola Electric Mobility Ltd share price analysis?
Ola Electric Mobility Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹17,205 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ola Electric Mobility Ltd planning capital expenditure?
Commissioned a Gigafactory with 6 GWh cell capacity; SCOD achieved ahead of schedule (Page 6,7).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.