Ola Electric shares traded higher ahead of Q4 FY26 earnings as investors tracked EV demand, battery business growth, and Bharat Cell expansion plans.
Ola Electric shares rose on Tuesday ahead of the company’s Q4 FY26 earnings announcement scheduled for May 20. Investors are closely watching the EV maker’s financial performance, battery expansion plans, and demand outlook amid rising competition in the electric two-wheeler segment.
Shares of Ola Electric are trading higher on Wednesday ahead of the company’s March quarter earnings announcement.
At 2:44 PM, Ola Electric shares were trading 0.5% higher at ₹36.78 on the NSE. The company’s market capitalisation stood at ₹16,241 crore.

As of 20 May, 3.10 PM
The stock has remained under pressure over the past month and has declined 6% between April 20 and May 20. On a year-to-date basis, the stock has remained largely flat.
Ola Electric had touched its 52-week high of ₹71.25 on September 4, 2025, while its 52-week low of ₹22.25 was recorded on May 16, 2026.
In the December quarter of FY26, Ola Electric reported a consolidated net loss of ₹487 crore, compared to a loss of ₹564 crore in the same quarter last year.
However, the company’s consolidated revenue from operations declined sharply by 55% to ₹470 crore, against ₹1,045 crore reported a year earlier.
The earnings reflected pressure on sales and profitability amid increasing competition in India’s electric vehicle market.
|
Particulars |
Q3 FY26 |
Q3 FY25 |
|
Net Loss (crore) |
₹487 |
₹564 |
|
Revenue from Operations (crore) |
₹470 |
₹1,045 |
Earlier this month, Ola Electric announced that its 4680 Bharat Cell Powered S1 X+ 5.2 kWh scooter received approval under the Central Motor Vehicle Rules, 1989.
The certification was granted by the International Centre for Automotive Technology (ICAT), Manesar.
The scooter comes with:
320 km IDC range
Top speed of 125 km/h
11 kW mid-drive motor
Integrated Motor Control Unit (MCU)
The approval is seen as an important milestone for Ola’s in-house battery technology and mass-market EV plans.
Apart from electric scooters, Ola Electric is also expanding its battery and energy storage business.
According to recent reports, the company is in talks with several domestic and international automobile manufacturers to supply lithium-ion cells and battery packs from its Krishnagiri gigafactory.
The move indicates the company’s strategy to reduce dependence on captive scooter demand and build a larger battery business.
Earlier this year, Ola Electric said it had invested nearly ₹5,300 crore in battery manufacturing, research and development, cell technology, and production infrastructure.
The company also launched its Ola Shakti home energy storage system in October 2025, with deliveries beginning in January 2026.
Ola had earlier stated that annual battery demand from the Ola Shakti platform alone could rise to nearly 5 GWh over the next few years.
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Ola Electric’s promoter holding declined from 36.78% in September 2025 to 34.59% in March 2026. Meanwhile, DII holding increased steadily from 2.93% in March 2025 to 7.28% in December 2025 before slightly easing to 7.01% in March 2026, indicating rising interest from domestic institutional investors. FII holding remained largely stable at around 4% during the same period.
Ola Electric shares gained ahead of the company’s Q4 FY26 earnings announcement as investors tracked developments in its EV and battery businesses. While revenue pressure and competition remain challenges, the company continues to focus on battery technology, energy storage solutions, and manufacturing expansion to strengthen its long-term growth plans.