AI-generated · cited to primary sources · not investment advice
Geographic concentration remained unchanged: all reported customer revenue came from India, with no export revenue. The document reports operations across 30 Indian states but does not show a domestic regional revenue split. The later baseline also reports India at 100% of revenue, so there is no evidence of geographic diversification. (1 stable)
“Revenue by geography: India ₹2,061 crore in FY26 and ₹3,998 crore in FY25; other countries nil. The BRSR states exports contributed 0% of turnover and the baseline continues to report India at 100% of revenue.”
See the full cited Business Model analysis of Ola Electric
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