Ola Electric Mobility Limited — Important, 14-07-2025: General Updates

Ola Electric's Q1 FY26 saw a strategic pivot to profitable growth. Q1 revenue hit ₹828 Cr. The auto segment achieved a key milestone, turning EBITDA positive in June, with Q1 auto EBITDA at -₹96 Cr. Auto operating cash flow was nearly neutral. Gen 3 scooters boosted gross margin to 25.6%. In-house rare earth-free motors are in production, and 4680 cell vehicle deliveries begin in Q2. FY26 outlook: 3.25-3.75 lakh vehicle volumes, ₹4200-4700 Cr revenue, with auto EBITDA turning positive in Q2. Company is well-funded, holding ₹3197 Cr cash.