Ola Electric Mobility Limited has informed the Exchange regarding a press release dated July 14, 2025, titled "Ola Electric s Revenue Increases By 35.5% QoQ; Auto Business Turns EBITDA Positive In June 2025".
OLAELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ola Electric reported Q1 FY26 revenue of ₹828 Cr, up 35.5% from ₹611 Cr in Q4 FY25, with vehicle deliveries rising 32.7% QoQ to 68,192 units. The auto business turned EBITDA positive in June 2025, with the auto segment's EBITDA loss narrowing sharply from -90.6% in Q4 FY25 to -11.6% in Q1 FY26. Auto gross margins expanded from 13.8% to 25.6%, supported by cost-cutting under 'Project Lakshya', which reduced monthly auto opex from ₹178 Cr to ₹105 Cr, and free cash flow improved to -₹107 Cr from -₹455 Cr. The company guided for FY26 vehicle sales of 3.25–3.75 lakh units, revenue of ₹4,200–4,700 Cr, gross margins of 35–40% (with PLI benefits from Q2), and full-year auto EBITDA above 5%.
A significant operational turnaround with rapidly narrowing losses, expanding margins, and a credible path to sustained auto-segment profitability, which should support positive investor sentiment despite consolidated EBITDA still being negative.