STOCKWATCH

Ola Electric Achieves Sustainable Cost Reduction of INR 90 Crores Per Month, Expects Automotive Segment EBITDA Breakeven in Q1 FY26

Ola Electric Mobility Limited has successfully completed its Network Transformation and Opex Reduction Program, a company-wide initiative launched in November 2024. This program has resulted in a sustainable cost reduction of INR 90 crores per month, enabling the company to achieve Automotive segment EBITDA breakeven in Q1 FY26. The program has transformed the distribution network, automating registration and other processes, and improving productivity in the sales and service network. These changes have reduced average vehicle inventory from approximately 35 to 20 days and delivery time for customers from 12 days to 3-4 days. The vehicle registration process transformation is in its final stages, with daily registrations improving significantly to over 800 per day.

• Successfully completed Network Transformation and Opex Reduction Program
• Achieved sustainable cost reduction of INR 90 crores per month
• Expected to achieve Automotive segment EBITDA breakeven in Q1 FY26
• Reduced average vehicle inventory from 35 to 20 days
• Improved delivery time for customers from 12 days to 3-4 days
• Daily registrations have improved significantly to over 800 per day