Electric two-wheeler maker Ola Electric sales was around 60,000 units in the first quarter of the current financial year 2025-26 i.e. April-June. Sources monitoring the company’s performance say that the registration of Ola Electric’s two -Electric’s two -Electric’s registration has increased by 9 percent in the month of June. This increase in vehicle registration indicates that Ola electric march is recovering from the lethargy of the quarter. It is expected that the demand will continuously improve in the July-September 2025 quarter.
The company expects an increase of about 25 percent in revenue on a quarterly basis. According to the news agency PTI, a source said, “Keeping in mind the delivery of delivery in Telangana and the clearance of pending backlog from January-March 2025, it is expected that the delivery of Ola Electric in the April-June 2025 quarter will be more than 65,000 two-wilers.”
On the way to complete revenue guidance easily
The source said that with this strong performance, the company is on the way to easily complete its revenue guidance of Rs 800-850 crore for the quarter. Along with the increase in sales and revenue, there are auspicious signs for the improvement in gross margin. In FY 2025, Ola Electric delivered 3,59,221 electric scooters. In FY 2024, the company delivered 3,29,549 scooters. The company has expanded to 4000+ touchpoints.
Half in 6 months Ola electric share
On July 2, the company’s stock closed 2.4 percent to close at Rs 41.02. The stock may be seen on 3 July. The market cap of Ola Electric is Rs 18000 crore. The stock is running 74 percent from its record high Rs 157.53 on BSE. The share price has been half in 6 months. The price has come down 23 percent in a month. The company had 36.78 percent stake in the company till the end of March 2025. Ola Electric’s stock has been included in the Nifty Midcap 150 index. The company was listed in the stock markets on 9 August 2024. Its IPO was filled 4.45 times.
Loss of 109 percent in March quarter
Ola Electric’s net deficit rose 109 percent to Rs 870 crore from a year ago to Rs 870 crore in the January-March 2025 quarter. It was Rs 416 crore a year ago. Consolidated revenue from the operations declined by 59.4 percent to Rs 611 crore on an annual basis. It was Rs 1,508 crore in the March 2024 quarter. During the entire financial year 2024-25, the company saw a net consolidated deficit of Rs 2276 crore, while it was Rs 1584 crore a year ago. Consolidated revenue from the operations declined to Rs 4514 crore, which was Rs 5010 crore in FY 2024.
What expects brokerage from share
In May, Kotak Institutional Equities had reduced the shared rating from ‘Redus’ to ‘sale’ after the results of Ola Electric’s march quarter released. The price target was also reduced to Rs 50 to 30 per share. Brokerage believes that the company’s Ebitda loss will continue and competition will increase. Goldman Sachs has given a ‘bye’ call for Ola electric shares and has kept the target price of Rs 70 per share.
Disclaimer: Advice or idea experts/brokerage firms given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.
