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News Details

( As on 13/02/2026 16:40)

Ola Electric Mobilit posts Q3 net loss of Rs 32.00 cr

The company reported standalone net loss during the quarter stood at Rs 32.00 crore compared to net profit of Rs 33.00 crore in the previous year quarter.ÿ

Net revenue of the company declined by 0.00 per cent at Rs 1.00 crore in October-December quarter of this fiscal as against Rs 1.00 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 20.00 per cent to Rs 24.00 crore from Rs 20.00 crore in year ago period.

Other Income dipped by 85.71 per cent at Rs 11.00 crore versus (Dec'24 Rs 77.00 crore).

Operating Profit surged by 21.05 per cent to Rs -23.00 crore as against Rs -19.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.05 per cent in December quarter.

Interest declined by 20.83 per cent y-o-y to Rs 19.00 crore