Debasis Mohapatra
Bengaluru, 9 Nov 2025
Ola Electric saw an impressive improvement in its profitability during the second quarter of FY26 ended September 2025.
Here is a snapshot:
| Particulars | Q2FY26 | Rise/Fall YoY |
| Net profit/Loss | (Rs 418 crore)- Loss | (Rs 495 crore)- Loss |
| Revenue from Operations | Rs 690 crore | 43% ↓ |
| Gross Margin | 30.7% | 12.2↑ |
| EBITDA margin | 0.3% | -12.4% margin reported in Q2FY25 |
| Operating expenses | Rs 258 crore | 46.25% ↓ |
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