New Delhi, Nov. 6 -- Ola Electric Mobility on Thursday reported a consolidated net loss of Rs.418 crore for the quarter ended September 30, 2025, narrowing its losses from Rs.495 crore in the same period last year. Revenue from operations fell sharply by 43% year-on-year to Rs.690 crore compared to Rs.1,214 crore reported in the September 2024 quarter.
Ola Electric announced that it reached Auto EBITDA profitability for the first time, backed by a gross margin of 30.7%, which represents an increase of 510 basis points from the previous quarter.
The company indicated that it reduced operating expenses by approximately 52% compared to the last quarter.
During this quarter, its auto segment became cash-positive, with underlying cash flow ...
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