Ola Electric Achieves First Quarter Profitability, Eyeing Future Growth

Ola Electric's automobile segment achieved its first quarter of profitability in Q3 2025 with a 0.3% pre-tax earnings growth. The company reported a consolidated revenue of Rs 690 crore and a gross margin increase to 30.7%. Ola Electric aims for sustained profitability and operational efficiency in the future.

Ola Electric announced that its automobile business turned profitable in the third quarter of 2025, showcasing a pre-tax earnings growth of 0.3%, a significant turnaround from the previous quarter's 5.3% contraction.

This achievement, driven by robust cost management and strategic execution, is highlighted by a 510 basis point improvement in auto gross margins to 30.7%, surpassing many conventional two-wheeler manufacturers.

With a consolidated operating revenue of Rs 690 crore and a delivery of 52,666 vehicles in that quarter, Ola emphasizes its commitment to vertical integration and operational discipline.