Ola Electric’s Net Loss Doubles In This fall, Revenue Tanks 62%

Ola Electric: Ola Electric’s monetary efficiency took a pointy beating within the fourth quarter (This fall) of FY25, because the Bhavish Aggarwal-led electrical automobile maker on Thursday reported a steep drop in income and a twofold build up in web losses on a year-on-year (YoY) foundation. 

The corporate posted a web lack of Rs 870 crore for the January–March quarter (This fall), up from Rs 416 crore in the similar quarter earlier fiscal (This fall FY24), in step with its inventory alternate submitting. Revenue from operations fell considerably to Rs 611 crore in This fall FY25, marking a 61.8 consistent with cent decline from Rs 1,598 crore a yr in the past.

This is among the corporate’s worst quarterly income performances since it all started business deliveries of its electrical two-wheelers in past due 2021. The drop comes amid emerging pageant within the electrical scooter marketplace, regulatory uncertainty round executive subsidies, and stock correction throughout dealerships.

For the whole yr FY25, Ola Electric’s income additionally fell to Rs 4,645 crore, down from Rs 5,126 crore in FY24. The corporate, on the other hand, stated it’s running towards charge potency and profitability thru its inside cost-cutting initiative, ‘Project Lakshya’.

It famous that the automobile section’s working charge construction has already been introduced all the way down to Rs 121 crore in April 2025, with a goal of Rs 110 crore through June 2025.

Ola Electric additionally stated that thru its cost-optimisation plans — Project Lakshya and Project Vistaar — it has controlled to decrease the EBITDA break-even level for its auto section to below 25,000 gadgets per 30 days.

“With the introduction of new electric motorcycles and rising sales of its Gen 3 S1 scooters, the company aims to achieve EBITDA-level profitability in the auto business during FY26,” the electrical automobile maker stated in its regulatory submitting.

The corporate’s This fall effects had been introduced after marketplace hours. Earlier within the day, Ola Electric’s inventory closed 0.60 consistent with cent upper at Rs 53.24 on Bombay Stock Exchange (BSE).