Ola Electrical’s Web Loss Doubles In This autumn, Income Tanks 62% | Auto Information
Ola Electrical: Ola Electrical’s monetary efficiency took a pointy beating within the fourth quarter (This autumn) of FY25, because the Bhavish Aggarwal-led electrical car maker on Thursday reported a steep drop in income and a twofold enhance 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 autumn), up from Rs 416 crore in the identical quarter earlier fiscal (This autumn FY24), in line with its inventory trade submitting. Income from operations fell considerably to Rs 611 crore in This autumn FY25, marking a 61.8 per cent decline from Rs 1,598 crore a 12 months in the past.
This is among the firm’s worst quarterly income performances because it started industrial deliveries of its electrical two-wheelers in late 2021. The drop comes amid rising competitors within the electrical scooter market, regulatory uncertainty round authorities subsidies, and stock correction throughout dealerships.
For the complete 12 months FY25, Ola Electrical’s income additionally fell to Rs 4,645 crore, down from Rs 5,126 crore in FY24. The corporate, nevertheless, stated it’s working towards value effectivity and profitability by way of its inside cost-cutting initiative, ‘Venture Lakshya’.
It famous that the auto phase’s working value construction has already been introduced right down to Rs 121 crore in April 2025, with a goal of Rs 110 crore by June 2025.
Ola Electrical additionally stated that by way of its cost-optimisation plans — Venture Lakshya and Venture Vistaar — it has managed to decrease the EBITDA break-even level for its auto phase to below 25,000 items monthly.
“With the introduction of recent electrical bikes and rising gross sales of its Gen 3 S1 scooters, the corporate goals to realize EBITDA-level profitability within the auto enterprise throughout FY26,” the electrical car maker stated in its regulatory submitting.
The corporate’s This autumn outcomes had been introduced after market hours. Earlier within the day, Ola Electrical’s inventory closed 0.60 per cent increased at Rs 53.24 on Bombay Inventory Alternate (BSE).
