Ola Electric Mobility Limited — Investor Meet, 15-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Ola Electric reports strong Q1 FY26 results! Auto business hit EBITDA positive in June, a first, driven by Gen 3 products and OpEx cuts. Gross margins are up, reaching 26% with minimal incentives, and gross profit per vehicle is ₹31,000.

The company is pivoting to profitable growth, targeting 3.25-3.75 lakh vehicle sales for FY26, boosted by festive demand and new bikes. Key in-house tech wins include rare-earth free motors coming next quarter and in-house ABS solutions, further reducing costs. The Cell Gigafactory is ramping up, with 4680 cell vehicles launching by Navratri. Management is confident in vertical integration and efficiency for sustained growth. #OlaElectric #EVs #ProfitableGrowth