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Ola Electric falls over 6% as revenue weakens and recovery prospects remain under pressure
📉 Ola Electric shares fell as much as 6.3% to ₹33.48 on November 13 following its Q2 FY27 results. Investors focused on declining revenue and analyst forecast cuts.
📊 Revenue fell 39% YoY to ₹4.21 billion. Net loss narrowed to ₹3.62 billion from ₹4.18 billion a year earlier but widened sequentially.
🧾 Revised asset useful lives reduced quarterly depreciation expenses by ₹380 million, supporting earnings. The narrower loss alone does not establish an operating recovery.
🏦 Citi cut FY27–29 volume estimates by 21–22%, while Goldman Sachs also lowered revenue forecasts. The dealer transition could reduce operating costs while pressuring gross margins.
🏭 Management targets production of 25,000 vehicles in December. Delivering that target and controlling margins will be key to the recovery plan’s credibility.
#OlaElectric $XRP
Ola Electric falls over 6% as revenue weakens and recovery prospects remain under pressure
📉 Ola Electric shares fell as much as 6.3% to ₹33.48 on November 13 following its Q2 FY27 results. Investors focused on declining revenue and analyst forecast cuts.
📊 Revenue fell 39% YoY to ₹4.21 billion. Net loss narrowed to ₹3.62 billion from ₹4.18 billion a year earlier but widened sequentially.
🧾 Revised asset useful lives reduced quarterly depreciation expenses by ₹380 million, supporting earnings. The narrower loss alone does not establish an operating recovery.
🏦 Citi cut FY27–29 volume estimates by 21–22%, while Goldman Sachs also lowered revenue forecasts. The dealer transition could reduce operating costs while pressuring gross margins.
🏭 Management targets production of 25,000 vehicles in December. Delivering that target and controlling margins will be key to the recovery plan’s credibility.
#OlaElectric $XRP
📉 Ola Electric shares fell as much as 6.3% to ₹33.48 on November 13 following its Q2 FY27 results. Investors focused on declining revenue and analyst forecast cuts.
📊 Revenue fell 39% YoY to ₹4.21 billion. Net loss narrowed to ₹3.62 billion from ₹4.18 billion a year earlier but widened sequentially.
🧾 Revised asset useful lives reduced quarterly depreciation expenses by ₹380 million, supporting earnings. The narrower loss alone does not establish an operating recovery.
🏦 Citi cut FY27–29 volume estimates by 21–22%, while Goldman Sachs also lowered revenue forecasts. The dealer transition could reduce operating costs while pressuring gross margins.
🏭 Management targets production of 25,000 vehicles in December. Delivering that target and controlling margins will be key to the recovery plan’s credibility.
#OlaElectric $XRP
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