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Ola Electric Mobility Q1 FY26 results (Apr–Jun 2025) and concall

Automobile and Auto Components · Concall AI · Call held 14 Jul 2025

Ola Electric reported a transformative Q1 FY26, marked by a strategic shift towards balanced profitable growth. The Auto segment achieved EBITDA positivity in June, driven by strong gross margins from the Gen 3 platform and OpEx reductions. The company is also making significant progress in vertical integration, with the Cell Gigafactory ramping up and 4680 cell vehicles expected by Navratri. While the EV market is in a consolidation phase, Ola Electric aims for operational and free cash flow positivity in its Auto business by FY26 end.

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What they filed

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26
Revenue1,214 1,045 611 828
EBITDA-379 -460 -695 -237
Net profit-495 -564 -870 -428
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.