Ola Electric is on track to nearly double quarterly volumes in the June quarter, with registrations in the first quarter of FY27 already surpassing the company’s entire Q4 FY26 tally on the VAHAN vehicle registration portal, signalling a sharp recovery in demand after a weak March quarter.
According to VAHAN data, Ola Electric has recorded about 22,600 registrations so far in Q1 FY27, exceeding the 22,221 units registered in Q4 FY26 with around 40 days still remaining in the quarter.
The rebound follows what the company previously described as a low-volume quarter marked by an operational reset and service stabilisation efforts.
Ola Electric has guided for 40,000-45,000 orders and consolidated revenue of Rs 500 crore to Rs 550 crore in Q1 FY27, implying a near doubling from Q4 levels if current registration trends continue through June.
Founder and chairman Bhavish Aggarwal said during the company’s post-results call that registrations had risen from around 10,000 units in March to
