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Net Loss of Ola Electric Mobility reported to Rs 500.00 crore in the quarter ended March 2026 as against net loss of Rs 870.00 crore during the previous quarter ended March 2025. Sales declined 56.63% to Rs 265.00 crore in the quarter ended March 2026 as against Rs 611.00 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 1833.00 crore in the year ended March 2026 as against net loss of Rs 2276.00 crore during the previous year ended March 2025. Sales declined 50.09% to Rs 2253.00 crore in the year ended March 2026 as against Rs 4514.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales265.00611.00 -57 2253.004514.00 -50 OPM %-106.04-113.75 --43.14-38.52 - PBDT-319.00-700.00 54 -1145.00-1687.00 32 PBT-496.00-870.00 43 -1829.00-2253.00 19 NP-500.00-870.00 43 -1833.00-2276.00 19 Powered by Capital Market - Live News

Ola Electric Mobility will hold a meeting of the Board of Directors of the Company on 18 May 2026.

Ola Electric Mobility announced that its material wholly owned subsidiary, Ola Electric Technologies has received reaffirmation in credit ratings from ICRA at ICRA BBB; Negative / ICRA A3+ for various debt facilities of the company. Meanwhile, its other material wholly owned subsidiary Ola Cell Technologies has received reaffirmation in credit ratings at ICRA BBB-; Negative / ICRA A3.

Ola Electric today announced the launch of the new S1 X+ 5.2 kWh, powered by its indigenously developed 4680 Bharat Cell. With this, the company is bringing its advanced in-house cell technology to the mass market, making long range EV scooters accessible for every Indian. Launched at an introductory price of Rs 1,29,999 valid till 15th April, S1 X+ 5.2 kWh marks a major milestone in Ola Electric`s journey to drive adoption of high-performance EV technology at scale. This move underscores Ola Electric`s vertical integration across cell development, battery pack engineering, and vehicle manufacturing, enabling it to rapidly scale breakthrough technology across segments.The S1 X+ 5.2 kWh brings together strong performance, everyday practicality, and advanced technology in one package. Powered by an 11 kW mid-drive motor with integrated MCU, the scooter delivers a 320 km IDC range and a top speed of 125 km/h. It also comes equipped with Brake-by-Wire and front disc brakes, offering improved control and braking performance.

Ola Electric Mobility today announced that it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for its Roadster X+ 11 kW 4.5 kWh from the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a significant milestone in the company`s expansion into the electric motorcycle segment. The certification confirms a minimum Domestic Value Addition (DVA) compliance for Roadster X+ 4.5 kWh. The model is eligible for incentives under the PLI-Auto Scheme for all Roadster X+ 4.5 kWh units.