Ola Electric’s Profit Dream: A Bridge Too Far?

For Bhavish Aggarwal and Ola Electric, the narrative is one of perpetual motion; a company that claims it is shifting from a hypergrowth EV disruptor to a maturing company focused on the long game.

The leadership speaks of consolidation, of profits finally being extracted from its much-vaunted full-stack approach, and of a future defined by capital efficiency and vertical integration.

This bullishness found a receptive audience, at least for a day, as the company’s stock surged nearly 18% following its Q1 FY26 results, buoyed by guidance…