Ola Electric Mobility Ltd

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 14 July 2025.Powered by Capital Market - Live

Ola Electric announced the mass roll out of its MoveOS 5 software. MoveOS is the company's proprietary and in-house developed software for both its S1 range of scooters and the recently launched Roadster X motorcycles. With the upgrade to MoveOS 5, the company has unlocked more potential of its product by offering enhanced performance, better reliability, and increased range. Spokesperson, Ola Electric said, 'MoveOS 5 is the latest upgrade in our journey to build the most advanced and intelligent OS for EV two wheelers. This upgrade isn't just about new features, it fundamentally enhances the performance, reliability, and range of our vehicles. With smarter energy management, real-time system monitoring, more user control over ride settings, we're enabling our riders to get more out of every ride. MoveOS 5 is a reflection of our commitment to continuous innovation and product evolution, and it's been engineered to deliver a riding experience that is not only more personalized, but also more robust, efficient, and future-ready.' The MoveOS 5 upgrade will be rolled-out to all S1 and Roadster X via an OTA upgrade starting this week.Powered by Capital Market - Live

Revenue from operations tumbled 61.8% YoY to Rs 611 crore in Q4 FY25. The company reported pre-tax loss of Rs 870 crore in Q4 FY25 as compared with a pre-tax loss of Rs 416 crore in Q4 FY24. The company reported a negative EBITDA of Rs 658 crore in Q4 FY25, compared to a negative EBITDA of Rs 269 crore in Q4 FY24. The EBITDA margin stood at negative 101.4% in Q4 FY25, against negative 16.4% in the same quarter last year. Deliveries dropped 55.48% to 51,375 units in Q4 FY25 compared with 115,386 units in Q4 FY24. With a sharp focus on cost reduction and profitability through Project Lakshya, the company had earlier set a target operating cost structure of Rs 110 crore for the auto segment. As of April 2025, the cost stands at Rs 121 crore and is on track to reach the target of Rs 110 crore by June 2025. In April and May 2025, the company has shown early indicators of structural improvements translating into business momentum. These include higher gross margins (excluding PLI) and reduced operating expenses, higher monetization through add-ons, Gen 3 sales exceeding Gen 2 by over 2x, and strong demand for Roadster Motorcycles. The company expects to continue this strong performance through the rest of the year and achieve auto segment EBITDA profitability in FY26. The rollout of Gen 3 in Q4 FY25 was a key driver of the company's gross margin improvement. Q1 FY26 gross margins showed an improvement of 10 pp over Q4 FY25, which will further be helped by the scale-up of the Gen 3 platform. Notably, this performance does not include PLI on Gen3, which is expected to accrue in Q2FY26 vs 100% of the product portfolio accruing PLI in Q3FY25. The company expects its gross margins to improve to approximately 35% in Q2 FY26 with PLI. Ola Electric is also ramping up production at its Ola Gigafactory with improving yields of its Bharat Cell, which is undergoing extensive testing across performance, lifecycle, and safety parameters, with phased commercialization in a couple of months. This phased rollout will help optimize supply chain dynamics, maintain quality consistency across early production batches, and gather real-world performance feedback ahead of mass commercialization. The company expects adjusted revenue between Rs 800 crore and Rs 850 crore, deliveries of 65,000 units, and an auto EBITDA margin of negative 10% in Q1 FY26. On a full-year basis, the company's consolidated net loss widened to Rs 2,276 crore in FY25 compared with Rs 1,584 crore in FY24. Revenue from operations fell 9.9% to Rs 4,514 crore in FY25, compared with Rs 5,010 crore in FY24. Through Project Vistaar and Project Lakshya, Ola has reduced its auto segment EBITDA break-even point to under 25,000 units per month. With increasing S1 market share, new motorcycle launches, and improving cost metrics, the company aims to achieve auto segment EBITDA profitability in FY26. Ola Electric Mobility is a leading electric vehicle (EV) manufacturer in India, specializing in the vertical integration of technology and manufacturing for EVs and their components, including battery cells.Powered by Capital Market - Live

Net Loss of Ola Electric Mobility reported to Rs 870.00 crore in the quarter ended March 2025 as against net loss of Rs 416.00 crore during the previous quarter ended March 2024. Sales declined 61.76% to Rs 611.00 crore in the quarter ended March 2025 as against Rs 1598.00 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 2276.00 crore in the year ended March 2025 as against net loss of Rs 1584.00 crore during the previous year ended March 2024. Sales declined 9.90% to Rs 4514.00 crore in the year ended March 2025 as against Rs 5010.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales611.001598.00 -62 4514.005010.00 -10 OPM %-113.75-19.52 --38.52-25.29 - PBDT-700.00-300.00 -133 -1687.00-1220.00 -38 PBT-870.00-416.00 -109 -2253.00-1578.00 -43 NP-870.00-416.00 -109 -2276.00-1584.00 -44 Powered by Capital Market - Live

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

Ola Electric announced the commencement of deliveries of its Roadster X portfolio of motorcycles. The company also announced offers worth Rs 10,000 for the first 5,000 customers who will get Extended Warranty, MoveOS+, and Essential Care free as part of its Ride the Future campaign. The Roadster X Series comes with a mid-drive motor that boosts performance and safety. The powertrain of the Roadster series also features a chain drive and an integrated MCU for efficient torque transfer, providing superior acceleration, and improved range. The Roadster X series also features flat cables in the motorcycles'an industry-first innovation. These cables improve packaging efficiency, reduce weight, and enhance thermal performance, improving overall durability and reliability. The Roadster X series offers a breakthrough in motorcycle technology and comes with first-in-segment patented brake-by-wire technology with single ABS, and smart MoveOS 5 features such as advanced regeneration, cruise control, and reverse mode. The battery system of the Roadster X series gets an IP67 waterproof and dust-proof certification, advanced wire bonding technology, and a serviceable Battery Management System (BMS) enabling easy maintenance. The prices of the Roadster X series start at ₹99,999, ₹1,09,999 and ₹1,24,999 for the Roadster X 2.5kWh, 3.5kWh, and 4.5 kWh, respectively. Roadster X+ 4.5kWh is priced at ₹1,29,999, while the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that offers an unrivalled range of 501 km/charge, is priced at ₹1,99,999. Powered by Capital Market - Live

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live

Ola Electric Mobility announced 72-Hour Rush including special offers and benefits on the entire S1 portfolio ahead of the auspicious occasion of Akshaya Tritiya. As part of the 72-Hour Rush, customers can avail discounts of up to Rs 40,000 on Gen 2 and Gen 3 models, along with free extended warranty. The Gen-2 models now start at Rs 67,499, while the Gen 3 models start at Rs 73,999. Customers in select states can enjoy #HyperDelivery (same-day delivery) on their new Ola scooters, making their Akshaya Tritiya celebrations even more special. The offers will be valid starting today, till 30 April. Along with the expanded Gen 3 portfolio of scooters, the company continues to retail its Gen 2 scooters with S1 X (2kWh, 3kWh, and 4kWh) now starting at Rs 67,499, Rs 83,999, and Rs 90,999, and S1 Pro starting at Rs 1,11,999. The company's Gen 3 portfolio consists of the flagship S1 Pro+ 5.3kWh and 4kWh now starting at ₹1,88,200, and ₹1,48,999, respectively. The S1 Pro, available in 4kWh and 3kWh battery options, is now starting at ₹1,29,999 and ₹1,12,999, respectively. The S1 X range is starting at Rs 73,999 for 2kWh, Rs 92,999 for 3kWh, and Rs 1,04,999 for 4kWh, with S1 X+ available with the 4kWh battery and priced at Rs 1,09,999. Ola Electric also rolled out same-day delivery and registration of vehicles under #HyperDelivery. Pilot of #HyperDelivery has started in Bengaluru, and is being scaled up across India during this quarter in a phased manner. Customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles in just hours. The company recently rolled out the first Roadster X motorcycle from its Futurefactory. The Roadster X series offers a breakthrough in motorcycle technology and comes with first-in-segment patented brake-by-wire technology with single ABS, and smart MoveOS 5 features such as advanced regeneration, cruise control, and reverse mode. The battery system of the Roadster X series gets an IP67 waterproof and dust-proof certification, advanced wire bonding technology, and a serviceable Battery Management System (BMS) enabling easy maintenance.Powered by Capital Market - Live

Ola Electric has rolled out the first Roadster X motorcycle from its Futurefactory in Krishnagiri, Tamil Nadu. The much awaited Roadster X motorcycle is set to hit the roads during April 2025 as the company gears up for deliveries across India, this month. The Roadster X Series comes with a mid-drive motor that boosts performance and safety. The powertrain of the Roadster series also features a chain drive and an integrated MCU for efficient torque transfer, providing superior acceleration, and improved range. The Roadster X series also features flat cables in the motorcycles'an industry-first innovation. These cables improve packaging efficiency, reduce weight, and enhance thermal performance, improving overall durability and reliability. Bhavish Aggarwal, Chairman and MD, Ola Electric said, The Roadster X series represents our commitment to taking the EV revolution to the next level. Today's roll-out celebrates not just a new product, but a new era for us and the industry, as it represents the next phase of revolution in electric mobility. We are excited for our customers to experience the Roadster X on the roads very soon, a product that is set to redefine motorcycling in India.' The Roadster X series offers a breakthrough in motorcycle technology and comes with f irst-in-segment patented brake-by-wire technology with single ABS, and smart MoveOS 5 features such as advanced regeneration, cruise control, and reverse mode. The battery system of the Roadster X series gets an IP67 waterproof and dust-proof certification, advanced wire bonding technology, and a serviceable Battery Management System (BMS) enabling easy maintenance. The prices of the Roadster X series start at ₹84,999, ₹94,999 and ₹1,04,999 for the Roadster X 2.5kWh, 3.5kWh, and 4.5 kWh, respectively. Roadster X+ 4.5kWh is priced at ₹1,14,999, while the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that offers an unrivalled range of 501 km/charge, is priced at ₹1,84,999. Powered by Capital Market - Live

Ola Electric Mobility today announced #HyperDelivery, offering same-day registration and delivery of vehicles. Pilot of #HyperDelivery has started in Bangalore, and would gradually be scaled up across India during this quarter in a phased manner. Customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles in just hours. This industry-first purchase and delivery transformation has been made possible due to the company's strategic decision to leverage AI for automation and moving its vehicle registration process in-house. By integrating these critical steps into its operations, the company has enabled a much smoother and efficient journey from purchase to delivery, thereby enhancing customer experience. Powered by Capital Market - Live