Ola Electric Mobility Limited — Updates, 13-02-2026: General Updates

Ola Electric initiated a Q3 FY26 structural reset, achieving a record 34.3% gross margin. Operating expenses reduced to ₹484 Cr, targeting ₹250-300 Cr, which lowers EBITDA breakeven to 15,000 units/month. Gigafactory cell production doubled, with 4680 cells integrated. Despite lower sales, operational efficiency bolsters the path to profitability.