
Quarterly Updates6 Nov 2025, 10:43 am
Ola Electric Achieves Auto EBITDA Profitability for the First Time with 30.7% Gross Margin
AI Summary
Ola Electric Mobility Limited has reported its Second Quarter results for the period ended September 30, 2025. The company achieved Auto EBITDA profitability for the first time, supported by a 30.7% gross margin and a 52% reduction in operating expenses. The auto business turned cash-generative with an underlying cash flow from operations of INR 15 cr. The company also launched HyperService, improving service reach and customer experience, lowering warranty costs, and unlocking a high-margin parts business. The Ola Gigafactory commissioned 2.5 GWh capacity, scaling to 5.9 GWh by March 2026. The company expanded into Energy with Ola 2Ifed, positioning to drive new revenue streams and grow gigafactory utilisation.
Key Highlights
- Achieved Auto EBITDA profitability for the first time with a 30.7% gross margin
- Auto business turned cash-generative with an underlying cash flow from operations of INR 15 cr
- Launched HyperService, improving service reach and customer experience, lowering warranty costs, and unlocking a high-margin parts business
- Commissioned 2.5 GWh capacity at Ola Gigafactory, scaling to 5.9 GWh by March 2026
- Expanded into Energy with Ola 2Ifed, positioning to drive new revenue streams and grow gigafactory utilisation