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Ola Electric shares picked up speed in early trade on Monday, climbing 2.78% to Rs 48.50. The increase positioned it among the top movers on the Nifty Midcap 150 index and sparked investor interest, despite the company’s continued struggle with profitability. The Ola Electric Share Price has seen sharp movements in recent trading sessions.
Ola Electric reported a consolidated revenue of Rs 828 crore for Q1 FY26 (June 2025 quarter), up from Rs 611 crore in Q4 FY25 (March 2025 quarter). In terms of operating margin, the net loss of Rs 870 crore in March 2025 narrowed to Rs 428 crore in June 2025.
On a year-over-year basis, the company still faces challenges. Revenue for FY25 fell to Rs 4,514 crore, down from Rs 5,009.83 crore in FY24. Meanwhile, the net loss widened to Rs 2,276 crore compared to Rs 1,584 crore a year earlier, underscoring ongoing cost pressures.
Many retail investors are increasing their holdings in Ola Electric Shares. Earnings per share (EPS) for Q1 FY26 were -0.97, which is a minor improvement from -1.97 in the previous quarter.
The latest Ola Electric Quarterly Results highlight strong growth in EV sales. Ola Electric has grown revenues sharply over the past four years but has struggled to rein in losses:
FY22: Revenue Rs 373 crore; Net loss Rs 784 crore
FY23: Revenue Rs 2,630 crore; Net loss Rs 1,472 crore
FY24: Revenue Rs 5,009 crore; Net loss Rs 1,584 crore
FY25: Revenue Rs 4,514 crore; Net loss Rs 2,276 crore
Although the company expanded its revenues, it has yet to achieve profitability. In FY25, its return on equity (ROE) was -44.25%, with an equity debt (D/E = 0.59) that reflected leverage, but an improvement over FY23.
As of March 2025, the company's total assets amounted to Rs 11,075 crore, compared to Rs 7,735 crore in March 2024. The increase in assets was predominantly from capital assets (Rs 3,847 crore) and current assets (Rs 6,661 crore).
On cash flows, operating activities posted an outflow of Rs 2,391 crore in FY25 against the provided financing activities inflow of Rs 5,429 crore, giving a net cash flow of Rs 174 crore, so the net cash flows were positive but marginally.
Also Read: Ola Roadster X Electric Bike: Is It Worth Buying?
The company's 8th Annual General Meeting took place on August 22, 2025, following a shareholder email communication on August 16. Based on a Moneycontrol report, the sentiment towards the stock has changed from neutral to bullish, based on narrowing quarterly losses and optimism in long-term growth in the electric vehicle category.
Rising Ola Electric Revenue reflects growing demand for sustainable mobility solutions. Ola Electric continues to suffer significant annual losses, but it reported some early signs of financial stability with its latest quarter's results.
Ola Electric continues to strengthen its position in India’s electric vehicle market. Investors will be watching closely to see if revenue momentum and cost rationalization will also enable the company to move towards profitability.
