Ola Electric is witnessing a significant rebound in demand as its Q1 FY27 registrations have already surpassed the Q4 FY26 figures, as per news reports.
This recovery comes after a challenging March quarter marked by operational adjustments.
According to VAHAN data, Ola Electric has recorded approximately 22,600 registrations in Q1 FY27, exceeding the 22,221 units registered in Q4 FY26.
With around 40 days remaining in the quarter, the company is on track to nearly double its quarterly volumes by June.
The rebound follows a low-volume quarter in FY26, which Ola Electric described as a period of operational reset and service stabilisation.
The company has guided for 40,000-45,000 orders and consolidated revenue of ₹500 crore to ₹550 crore in Q1 FY27.
Founder and chairman Bhavish Aggarwal highlighted that registrations rose from around 10,000 units in March to about 12,000 in April, with May trending toward 14,000-15,000 units.
Despite a more than 22% decline in the broader electric two-wheeler industry, Ola Electric's April registrations increased by 20% month-on-month to 12,166 units.
Read More: Ola Electric Targets Volume Growth and Margin Improvement in FY27!
Ola Electric has positioned Q1 FY27 as the beginning of a more disciplined scale-up. The company aims to recover volumes, improve service consistency, sustain margins, and strengthen cash generation.
The registration recovery suggests a meaningful turnaround for the company after several quarters of challenges.
As of May 25, 2026, at 1:00 PM, Ola Electric Mobility share price on NSE was trading at ₹36.63 up by 1.72% from the previous closing price.
Ola Electric's Q1 FY27 performance indicates a strong recovery in demand, with registrations already surpassing Q4 FY26 levels. The company's focus on operational improvements and service consistency appears to be paying off, positioning it for continued growth.
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Published on: May 25, 2026, 1:31 PM IST
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