Market Performance
In early trade on Monday, Ola Electric Mobility share price moved up 2.78%, touching ₹48.50 on the NSE. This quick rise placed the stock among the top gainers on the Nifty Midcap 150 index. The uptick reflects investor interest despite the company’s recent financial challenges.
Such moves in midcap stocks often hint at underlying sentiment shifts, even if the broader fundamentals are still under scrutiny.
Company Update – Ola Electric Mobility
The Bengaluru-based EV company has been in the spotlight not just for its product launches but also for its financial journey. Ola Electric’s numbers show the growing pains of a young, high-growth EV player that is burning cash while scaling operations.
On August 22, 2025, the company conducted its 8th Annual General Meeting (AGM), where voting results were shared with the exchanges. Earlier, on August 16, 2025, Ola Electric issued general communication to its shareholders.
Financial Performance Snapshot
Quarterly Results (Consolidated)
Ola Electric’s quarterly revenue and net profit trends reflect a volatile path:
- Revenue:
- Jun 2024: ₹1,644 Cr
- Sep 2024: ₹1,214 Cr
- Dec 2024: ₹1,045 Cr
- Mar 2025: ₹611 Cr
- Jun 2025: ₹828 Cr
- Net Profit:
- Jun 2024: -₹347 Cr
- Sep 2024: -₹495 Cr
- Dec 2024: -₹564 Cr
- Mar 2025: -₹870 Cr
- Jun 2025: -₹428 Cr
- EPS:
- Ranged from -0.95 (Jun 2024) to -1.97 (Mar 2025).
The latest quarter (Jun 2025) saw revenue rise to ₹828 Cr, an improvement over the March 2025 quarter, while losses narrowed to -₹428 Cr from -₹870 Cr.
Annual Results
- Revenue:
- 2022: ₹373.42 Cr
- 2023: ₹2,630.93 Cr
- 2024: ₹5,009.83 Cr
- 2025: ₹4,514 Cr
- Net Profit:
- 2022: -₹784.15 Cr
- 2023: -₹1,472.08 Cr
- 2024: -₹1,584.40 Cr
- 2025: -₹2,276 Cr
- EPS:
- 2022: -2.23
- 2023: -3.91
- 2024: -4.35
- 2025: -5.48
Annual revenue slipped in FY25 to ₹4,514 Cr from ₹5,009.83 Cr in FY24. Losses widened to ₹2,276 Cr, reflecting the company’s heavy investments and rising expenses.
Consolidated Income Statement (₹ Cr)
Sales | 4,514 | 5,009 | 2,630 | 373 |
Other Income | 418 | 233 | 151 | 82 |
Total Income | 4,932 | 5,243 | 2,782 | 456 |
Total Expenditure | 6,842 | 6,641 | 4,146 | 1,222 |
EBIT | -1,910 | -1,397 | -1,364 | -766 |
Interest | 366 | 186 | 107 | 17 |
Net Profit | -2,276 | -1,584 | -1,472 | -784 |
Rising expenditures continue to weigh on profits, despite strong topline growth compared to earlier years.
Consolidated Cash Flow (₹ Cr)
Operating Activities | -2,391 | -633 | -1,507 | -884 |
Investing Activities | -2,864 | -1,136 | -318 | -1,321 |
Financing Activities | 5,429 | 1,589 | 658 | 3,084 |
Net Cash Flow | 174 | -179 | -1,167 | 878 |
Heavy financing inflows helped Ola Electric close FY25 with a positive net cash flow of ₹174 Cr.
Balance Sheet Highlights (₹ Cr)
Share Capital | 4,411 | 1,955 | 1,955 | 1,955 |
Reserves & Surplus | 732 | -2,909 | -1,408 | -98 |
Total Liabilities | 11,075 | 7,735 | 5,573 | 5,395 |
Fixed Assets | 3,847 | 3,195 | 1,719 | 1,101 |
Current Assets | 6,661 | 4,046 | 3,449 | 4,063 |
Total Assets | 11,075 | 7,735 | 5,573 | 5,395 |
Contingent Liabilities | 2,984 | 2,455 | 2,001 | 871 |
Market Sentiment
The stock’s 2.78% rise today reflects positive short-term sentiment. Even though Ola Electric is reporting steep losses, the company continues to draw market attention because of its position in the fast-growing EV sector.
Summary
- Ola Electric share price rose 2.78% to ₹48.50 in early trade, ranking among top gainers in the Nifty Midcap 150.
- Quarterly revenue improved to ₹828 Cr in Jun 2025, up from ₹611 Cr in Mar 2025.
- Net loss narrowed to -₹428 Cr in Jun 2025 from -₹870 Cr in the previous quarter.
- On an annual basis, FY25 revenue stood at ₹4,514 Cr, while losses widened to -₹2,276 Cr.
- The company’s AGM was held on August 22, 2025, with shareholder updates shared earlier.
The market will continue to watch Ola Electric closely as it balances growth with profitability challenges.
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