Ola Electric Mobility Ltd

Net Loss of Ola Electric Mobility reported to Rs 418.00 crore in the quarter ended September 2025 as against net loss of Rs 495.00 crore during the previous quarter ended September 2024. Sales declined 43.16% to Rs 690.00 crore in the quarter ended September 2025 as against Rs 1214.00 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales690.001214.00 -43 OPM %-29.42-31.22 - PBDT-246.00-363.00 32 PBT-418.00-495.00 16 NP-418.00-495.00 16 Powered by Capital Market - Live

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 6 November 2025.Powered by Capital Market - Live

Ola Electric Technologies (OET), a material wholly owned subsidiary of Ola Electric Mobility (the company), has, at its board meeting held on 29 October 2025, approved the second tranche of allotment of 25,00,00,000 Non-cumulative and Non-participating, 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS), having a nominal value of Rs 10, each, aggregating to a total consideration of Rs 250 crore to Ola Cell Technologies (OCT), a material wholly owned subsidiary of the Company and fellow subsidiary of OET, on a preferential basis through private placement. Powered by Capital Market - Live

Ola Electric today announced that its indigenously developed & manufactured 4680 Bharat Cell battery packs in 5.2 kWh configuration has secured ARAI certification under the latest AIS-156 Amendment 4 standards issued by the Ministry of Road Transport and Highways. With this certification, Ola will soon begin rolling out its vehicles powered by its own 4680 Bharat Cells. The certified pack will debut on the S1 Pro+ (5.2 kWh) making the S1 Ola's first vehicle to be powered by its homegrown cell technology.Powered by Capital Market - Live

Ola Electric today announced the scale up of Hyperservice into an open platform that redefines EV servicing in India. For the first time, Ola's genuine spare parts, diagnostic tools, and service training modules will be made available not only to its customers but also to independent garages, mechanics, and fleet operators across the country. Starting today, Ola Electric's genuine spare parts can be purchased directly through the Ola Electric Customer App and website, allowing every customer and garage to access high-quality, certified components, without any middlemen. This marks the beginning of a new era of service freedom for over a million Ola customers, empowering them to choose where and how they want to service their vehicles. In Phase 1 of Hyperservice, key spare parts are being made available on the Ola Electric Customer App as well as the company's website. In the subsequent phases during the quarter, the company will further extend access to diagnostic tools and technician certification programs, thereby making the entire ecosystem truly open and accessible. Powered by Capital Market - Live

In an exchange filing, the electric two-wheeler maker said the fundraising may be carried out via further public offer, rights issue, qualified institutional placement (QIP), private placement or any other permissible route, subject to shareholder approval through a postal ballot and necessary regulatory clearances. The proposed issue will include equity shares and/or convertible instruments such as warrants, ADRs, or GDRs, with pricing and other details to be decided by the board in due course. The announcement comes at a time when Ola Electric is looking to expand its manufacturing capabilities and strengthen its position in India's rapidly growing EV ecosystem. The fundraise is expected to support its upcoming product launches, charging network expansion, and R&D initiatives. As on September 2025, promoters held 36.78% in the company. Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India's major EV hubs. The company recently forayed into India's Rs 1 lakh crore Battery Energy Storage Systems (BESS) market with the launch of 'Ola Shakti', its first residential energy storage product. The company's consolidated net loss narrowed to Rs 428 crore in Q1 FY26 as against net loss of Rs 870 crore in Q4 FY25. Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY26. Powered by Capital Market - Live

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 25 October 2025.Powered by Capital Market - Live

The company will raise funds by issuing equity shares or other eligible securities through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws. Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India's major EV hubs. The company's consolidated net loss narrowed to Rs 428 crore in Q1 FY26 as against net loss of Rs 870 crore in Q4 FY25. Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY26. The counter shed 0.73% to Rs 53 on the BSE.Powered by Capital Market - Live

The company said the BESS market in India is expected to triple to over Rs 3 lakh crore by 2030. With this move, Ola expects its annual Gigafactory consumption for the BESS segment to scale up to 5 GWh, potentially exceeding its automotive battery consumption in the coming years. Powered by Ola's indigenous 4680 Bharat Cells, Ola Shakti is India's first fully designed and manufactured residential BESS, aimed at homes, farms, and small businesses. The system offers configurations from 1.5 kWh to 9.1 kWh, priced between Rs 29,999 and Rs 1,59,999 for the first 10,000 units. Reservations for Ola Shakti opened today at Rs 999, with deliveries starting from Makar Sankranti 2026. The company said the product combines intelligent energy management, AI-based optimization, and automotive-grade safety, reflecting its core technology DNA. Bhavish Aggarwal, chairman and managing director, said Ola Shakti marks a step toward energy independence and leverages the company's Gigafactory infrastructure and nationwide network for rapid scaling without additional investment. Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India's major EV hubs. The company's consolidated net loss narrowed to Rs 428 crore in Q1 FY26 as against net loss of Rs 870 crore in Q4 FY25. Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY26. Powered by Capital Market - Live

Ola Electric Mobility announced that the company will be unveiling the name of its new product in the energy space, titled 'Ola Shakti' on revised date of 16 October 2025. Powered by Capital Market - Live