OLAELEC Ola Electric Mobility Q2 FY26 results (Jul–Sep 2025) and concall
Ola Electric reported a milestone quarter where its core auto business turned cash-flow positive and achieved industry-leading gross margins of 30.7%. Management is pivoting towards vertical integration through its Gigafactory and expanding into the Energy segment (BESS) to drive future revenue. Despite losing some market share to competitors' discounting, the company is prioritizing structural profitability and Gen 3 product transitions over aggressive volume buying.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q2 FY26: revenue down 43.2%, net profit up 15.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 1,214 | 1,045 | 611 | 828 | 690 −43% |
| EBITDA | -379 | -460 | -695 | -237 | -203 +46% |
| Net profit | -495 | -564 | -870 | -428 | -418 +16% |
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.
