Ola Electric Mobility Limited has informed the Exchange regarding a press release dated November 06, 2025, titled "Ola Electric s Auto Business Turns Profi table in Q2 FY26; Gross Margins Expand to30.7% .".
OLAELEC · price
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Awaiting price reaction for this filing.
Ola Electric has shared a press release reporting that its Auto Business turned profitable in Q2 FY26, marking a shift from earlier losses. The company also stated that gross margins expanded to 30.7%, a notable improvement for the segment. This announcement was filed with the Exchange on November 06, 2025. The filing itself only references the press release headline and does not disclose detailed financials in this notice. Investors would need to refer to the full press release or Q2 results for revenue, EBITDA, and volume figures.
This is a positive development for shareholders, as profitability and margin expansion in the core Auto segment suggest improving unit economics and may support a better stock price reaction in the short term.