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OLAELEC · Ola Electric Mobility Limited · NSE · Filed 7 Aug · 2 min
Ola Electric's Q1 FY27 results draw a qualified auditor conclusion over a reversed ₹57 crore PLI provision
The EV maker reported a consolidated net loss for the quarter to 30 June 2026, and its auditor qualified its review because it could not verify the write-back of a liquidated-damages provision under the ACC battery PLI scheme.
OLAELEC · Ola Electric Mobility Limited · NSE · Filed 7 Aug · 1 min
Ola Electric Q1 FY27: Revenue Nearly Doubles as Operating Costs Fall 22%
In its first full quarter after the FY26 reset, the EV maker reported ₹455 crore revenue on 39,192 deliveries while consolidated operating expenses fell 22% quarter-on-quarter.