Ola Electric Q2 Results: Electric vehicle manufacturer Ola Electric has registered profit for the first time in its automotive business in the second quarter (July–September 2025) of the financial year 2025-26. Ola Electric said that in July–September 2025, the company’s pre-tax income (EBITDA) registered a growth of 0.3 percent. There was a decline of 5.3 percent in the last quarter. This was the company’s first EBITDA profitable quarter.
Operating Revenue: Rs 690 crore, Total Vehicle Supplies: 52,666 units, Motor Vehicle Gross Profit: 30.7% (up 510 basis points), Operating Expenses: Rs 258 crore down from Rs 308 crore, Integrated Operating Expenses: down from Rs 451 crore to Rs 416 crore.
The company said that the gross margin of its automotive segment is now higher than that of conventional engine (ICE) two-wheeler companies. This includes approximately 2% contribution of PLI scheme.
future plan
The company said that motor vehicle operating expenses will decline to around Rs 225 crore by the first quarter of FY27. The target is to reduce integrated operating expenses to Rs 350–375 crore. For this, the company is emphasizing on operational consolidation and technical efficiency.
What does EBITDA Profit mean?
EBITDA i.e. Earnings Before Interest, Tax, Depreciation and Amortization — It shows the profits from the main business of a company. Ola Electric becoming profitable at this level shows that the company has achieved strength in both production and sales while controlling expenses.
Ola Electric’s growing market influence
The company is a leading player in the Indian electric two-wheeler market. In the last one year, Ola expanded its production centers and introduced new models. The company also aims to enter the electric motorcycle and car segments in the next two years. This performance of Ola Electric indicates that the EV industry in India is now gradually entering the phase of operating profitability, which is a positive sign for both investors and consumers in the future.
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