Ola Electric Mobility Limited has informed the Exchange regarding Key Performance Indicator data book of the Company
OLAELEC · price
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Awaiting price reaction for this filing.
Ola Electric filed its KPI Data Book for Q3 FY26 (quarter ended Dec 31, 2025). Total deliveries fell sharply to 32,680 units, down from 52,666 in Q2 FY26 and 84,029 in Q3 FY25 — with both Premium (6,065) and Mass (26,612) segments declining year-on-year. Automotive revenue dropped to ₹467 Cr from ₹688 Cr in the previous quarter, while consolidated revenue stood at ₹470 Cr. Gross margin, however, improved significantly to 33.8% in automotive (vs 18.6% in Q3 FY25) and 34.3% at consolidated level. Despite margin gains, operating losses widened — consolidated operating EBITDA loss was ₹271 Cr (-57.7% margin) and PAT loss was ₹487 Cr. Cell production ramped up to 72,418 units but the segment remains loss-making at -₹39 Cr EBITDA.
Mixed signals for shareholders — strong gross margin expansion shows improving unit economics, but steep volume decline and widening operating losses (PAT loss of ₹487 Cr) highlight demand weakness and continued cash burn. Stock may react negatively given falling deliveries, though the margin trajectory is a positive structural sign.