Ola Electric Shares Rise Nearly 8%, Among Top Midcap Gainers

Ola Electric Among Top Midcap Gainers with 7.9% Rise; Trading at Rs. 44.49
Ola Electric Shares Rise Nearly 8%, Among Top Midcap Gainers
Written By:
Bhavesh Maurya
Reviewed By:
Shovan Roy
Published on

Ola Electric shares surged on Tuesday, making it one of the standout performers on the Nifty Midcap 150 index. Around 10:30 am, the stock was up 7.89%, trading at Rs. 44.49, as investors cheered the company’s improving quarterly performance despite continued losses. The Ola Electric Share Price has been highly volatile, attracting both short-term traders and long-term investors.

Quarterly Performance: Narrower Losses but Lower Revenues

The most recent consolidated results from the company showed mixed results. Revenue for the June quarter ending was Rs. 828 crore, a steep drop from Rs. 1,644 crore in the same quarter last year. Net losses were lower at Rs. 428 crore compared to Rs. 870 crore in the quarter ending March 2025 and Rs. 564 crore in December 2024.

Retail and institutional investors are closely tracking Ola Electric Shares for future growth potential. On a year-on-year basis, the June 2025 quarter loss of Rs. 428 crore was higher than the Rs. 347 crore reported in June 2024. The earnings per share (EPS) improved slightly to -Rs. 0.97 compared to -Rs. 0.95 in June last year.

Annual Performance: Revenue Decline, Losses Widen

For the year ending on March 2025, Ola Electric posted revenue of Rs. 4,514 crore, declining from Rs. 5,009 crore in FY24. Net losses increased year on year to Rs. 2,276 crore as compared to a net loss of Rs. 1,584 crore a year earlier. This reflects the higher financing costs and employee-related expenses such as ESOP charges.

The latest Ola Electric Quarterly Results will play a crucial role in shaping market sentiment. Earnings per share fell to -Rs. 5.48 in FY25, down from -Rs. 4.35 in FY24, and return on equity (ROE) stood at -44.25% demonstrating the continued profitability challenges.

Strong Ola Electric Financial Performance may boost investor confidence in the company’s long-term vision. Despite the losses, the book value per share improved to Rs. 11.66 in FY25, up from Rs. 4.88 in FY24, and the debt to equity ratio also improved to 0.5,9, showing a stronger balance sheet.

Cash Flow and Balance Sheet Position

According to the cash flow statement of Ola Electric, operating cash flow dropped sharply to Rs. 38 crore in FY25 from Rs. 225 crore in FY24. The company reported negative cash flow from investing activities at Rs. 1,934 crore, which demonstrates ongoing capital expenditure.

Total liabilities climbed to Rs. 17,441 crore in FY25, compared with Rs. 14,988 crore the previous year. Current assets stood at Rs. 12,131 crore, while fixed assets decreased to Rs. 875 crore, indicating adjustments in infrastructure and asset deployment.

Also Read: Ola Roadster X Electric Bike: Is It Worth Buying?

Market Outlook

With rapid expansion plans, Ola Electric is positioning itself as a leader in the EV sector. Though revenue growth has slowed, Ola Electric's shrinking quarterly losses and some improving balance sheet ratios provided some comfort to investors, and today's rally in stock price demonstrated that. 

Analysts indicated that the company's strong positioning in the electric mobility sector in India, channelled with government support for EV adoption, continues to support long-term opportunities. However, ongoing net losses and flat operating cash flows remain a concern. Observers of the industry believe that Ola Electric’s ability to control costs and establish sustainable profitability in the future will determine investor confidence.

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