Ola Electric's stock hits 2-month low after revenue outlook cut

Business Nov 06, 2025

Ola Electric's stock slid 5% to a two-month low after the company slashed its FY26 revenue outlook from ₹4,200-4,700cr down to ₹3,000-3,200cr.
The share price has now dropped 44% this year, reflecting ongoing investor worries about the EV space.

Investors are worried about the EV space

This signals that Ola Electric's growth in the electric two-wheeler market isn't as fast as hoped.
Ola is still struggling with profitability—posting negative returns and a high-risk profile—so investors are treading carefully.

Sales have halved compared to last year

Ola did manage to shrink its Q2 net loss and even turned a small operating profit in its automotive segment thanks to cheaper in-house battery production.
But sales have halved compared to last year, and most buyers are now choosing entry-level scooters over pricier models.