Overview
- Government’s VAHAN data shows Ola Electric sold 20,189 scooters in June, a 45% year-on-year drop that cut its market share to 19%.
- The company posted a net loss of ₹870 crore in Q4 FY25 and saw revenue collapse 62% to ₹611 crore amid lower deliveries.
- Ola Electric’s stock tumbled to a 52-week low near ₹42 on the NSE and hit an all-time trough of ₹40.70 on July 3.
- Preliminary Q1 FY26 vehicle registrations reached nearly 60,000 units with a 9% month-on-month increase in June, indicating demand stabilization.
- Management projects over 65,000 deliveries and ₹800–850 crore in revenue for Q1 FY26, setting the stage for a sustained Q2 rebound.