Ola Electric Mobility quarterly results and financials

Ola Electric Mobility (OLAELEC)₹33.96−1.51%(9 Nov 2026 close)2/3 Wheelers

Key facts

In the Jun 2026 quarter (consolidated), Ola Electric Mobility reported sales of ₹457 Cr, down 45.0% from Jun 2025, and net profit of −₹335 Cr. For the year to Mar 2026, sales were ₹2,260 Cr and net profit −₹1,827 Cr.

Sales (Jun 2026): ₹457 Cr
Net profit (Jun 2026): −₹335 Cr
Sales (FY Mar 2026): ₹2,260 Cr
Net profit (FY Mar 2026): −₹1,827 Cr
EPS (Jun 2026): ₹−0.74
Borrowings (Mar 2026): ₹2,762 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Ola Electric Mobility quarterly results

₹ crore unless stated; each column is a quarter.

Ola Electric Mobility Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	875	1,299	1,603	1,649	1,218	1,049	612	830	692	471	266	457
Expenses	1,303	1,591	1,903	1,844	1,586	1,499	1,301	1,062	890	738	544	618
Operating Profit	−436	−302	−313	−205	−380	−461	−697	−238	−204	−272	−282	−165
OPM %	−50.1%	−23.1%	−20.1%	−12.1%	−31.1%	−44.1%	−114.1%	−29.1%	−29.1%	−58.1%	−106.1%	−36.1%
Other Income	48.96	70.93	72.90	50.95	99.94	127	117	67.94	65.94	33.99	38.99	28.98
Interest	45.88	42.89	60.83	66.89	83.86	92.83	122	93.79	109	79.83	76.76	72.87
Depreciation	91.69	103	116	126	132	138	170	165	171	170	177	127
Profit before tax	−524	−376	−416	−347	−495	−564	−869	−428	−418	−487	−496	−336
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.0%	0.0%
Exceptional items	0.00	−3.99	0.00	−22.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	−522	−375	−415	−346	−493	−562	−867	−426	−417	−486	−498	−335
EPS (Rs)	−2.69	−1.93	−2.14	−1.46	−1.13	−1.29	−1.98	−0.98	−0.96	−1.11	−1.14	−0.74

Ola Electric Mobility profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Ola Electric Mobility Profit and loss
	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1.01	374	2,639	5,027	4,524	2,260	1,886
Expenses	277	1,170	3,868	6,253	6,224	3,213	2,790
Operating Profit	−278	−802	−1,256	−1,270	−1,740	−974	−923
OPM %	−32,228.1%	−214.1%	−48.1%	−25.1%	−38.1%	−43.1%	−48.9%
Other Income	98.01	82.88	54.96	226	391	207	168
Interest	0.99	17.94	108	186	365	379	338
Depreciation	19.95	48.86	167	357	565	683	644
Profit before tax	−199	−784	−1,472	−1,584	−2,274	−1,829	−1,737
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—
Exceptional items	−6.99	0.00	−74.96	12.99	−24.01	0.00	0.00
Net Profit	−198	−782	−1,469	−1,579	−2,268	−1,827	−1,736
EPS (Rs)	−1,99,501.32	−4.02	−7.54	−8.12	−5.17	−4.17	−3.95
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Ola Electric Mobility balance sheet

₹ crore, at each year end.

Ola Electric Mobility Balance sheet
	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.02	1,956	1,960	1,961	4,416	4,420
Reserves	1,971	−98.22	−1,411	−2,913	732	−1,061
Borrowings	42.01	2,608	3,506	5,690	3,555	2,762
Other Liabilities	99.52	927	1,514	2,992	2,365	1,666
Total Liabilities	2,112	5,393	5,570	7,728	11,067	7,787
Fixed Assets	104	1,026	1,220	2,494	3,160	3,357
CWIP	43.02	83.07	507	714	703	496
Investments	456	1,105	277	64.17	40.08	0.00
Other Assets	1,508	3,178	3,566	4,458	7,165	3,933
Inventories	3.01	284	584	694	784	269
Trade receivables	0.00	15.04	84.28	159	9.02	31.10
Cash & equivalents	1,364	2,095	1,527	1,660	3,512	1,541
Total Assets	2,112	5,393	5,570	7,728	11,067	7,787

Ola Electric Mobility cash flow

₹ crore, for each year.

Ola Electric Mobility Cash flow
	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−252	−885	−1,507	−632	−2,389	−775
Cash from investing activity	547	−1,318	−318	−1,134	−2,859	1,996
Cash from financing activity	2.99	3,080	658	1,588	5,424	−1,199
Net cash flow	301	881	−1,170	−179	175	26.10
Capex	109	886	841	1,212	975	526
Free cash flow	−359	−1,766	−2,342	−1,840	−3,355	−1,297
CFO / OP %	90.1%	111.1%	121.1%	49.1%	137.1%	80.1%

Ola Electric Mobility ratios

Working-capital days and returns, by year.

Ola Electric Mobility Ratios
	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	162	16	13	13	2	6
Inventory days	—	216	83	58	77	63
Days payable	—	270	97	111	93	158
Cash conversion cycle	161	−40	−4	−43	−16	−91
Working capital days	−37,923	−250	−94	−121	−34	−186
ROCE %	—	−24.0%	−30.0%	−32.1%	−28.1%	−20.1%

Ola Electric Mobility: frequently asked questions

What are the latest quarterly results of Ola Electric Mobility?

For the Jun 2026 quarter, Ola Electric Mobility reported sales of ₹457 Cr, down 45.0% year on year and net profit of −₹335 Cr. The operating margin was −36.1%.

What is the annual revenue of Ola Electric Mobility?

Ola Electric Mobility's sales for the year to Mar 2026 were ₹2,260 Cr; over the last twelve months they were ₹1,886 Cr.

What is the net profit of Ola Electric Mobility?

Net profit for the year to Mar 2026 was −₹1,827 Cr, and −₹1,736 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−3.95.

How much debt does Ola Electric Mobility have?

Ola Electric Mobility reported borrowings of ₹2,762 Cr at Mar 2026, against cash and equivalents of ₹1,541 Cr.

What is the free cash flow of Ola Electric Mobility?

Cash from operations was −₹775 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1,297 Cr.

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