Ola Electric Mobility shares reached the upper circuit, gaining 5% to Rs 56.95 in Tuesday's session. The stock is a constituent of the Nifty Midcap 150 index.
Financial Performance
The following table summarizes the key financial figures for Ola Electric Mobility:
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 1,644.00 Crore
Rs 1,214.00 Crore
Rs 1,045.00 Crore
Rs 611.00 Crore
Rs 828.00 Crore
Net Profit
-Rs 347.00 Crore
-Rs 495.00 Crore
-Rs 564.00 Crore
-Rs 870.00 Crore
-Rs 428.00 Crore
EPS
-0.95
-1.20
-1.28
-1.97
-0.97
The company's quarterly revenue shows a fluctuating trend. The revenue for the quarter-ending June 2025 was Rs 828.00 Crore. The net profit has been negative across all reported quarters, with a net loss of Rs 428.00 Crore for the quarter-ending June 2025. Similarly, the EPS has been negative, standing at -0.97 for the same period.
Heading
2022
2023
2024
2025
Revenue
Rs 373.42 Crore
Rs 2,630.93 Crore
Rs 5,009.83 Crore
Rs 4,514.00 Crore
Net Profit
-Rs 784.15 Crore
-Rs 1,472.08 Crore
-Rs 1,584.40 Crore
-Rs 2,276.00 Crore
EPS
-2.23
-3.91
-4.35
-5.48
BVPS
9.50
2.80
-4.88
11.66
ROE
-42.21
-269.24
0.00
-44.25
Debt to Equity
0.40
3.01
-2.50
0.59
The annual revenue increased significantly from 2022 to 2024, but saw a decrease in 2025. Net profit remained negative throughout the period, with increasing losses each year. The book value per share (BVPS) shows considerable fluctuation, turning negative in 2024 before recovering in 2025.
Annual Income Statement
The following table presents the annual income statement for Ola Electric Mobility:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Sales
Rs 4,514 Crore
Rs 5,009 Crore
Rs 2,630 Crore
Rs 373 Crore
Other Income
Rs 418 Crore
Rs 233 Crore
Rs 151 Crore
Rs 82 Crore
Total Income
Rs 4,932 Crore
Rs 5,243 Crore
Rs 2,782 Crore
Rs 456 Crore
Total Expenditure
Rs 6,842 Crore
Rs 6,641 Crore
Rs 4,146 Crore
Rs 1,222 Crore
EBIT
-Rs 1,910 Crore
-Rs 1,397 Crore
-Rs 1,364 Crore
-Rs 766 Crore
Interest
Rs 366 Crore
Rs 186 Crore
Rs 107 Crore
Rs 17 Crore
Tax
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Profit
-Rs 2,276 Crore
-Rs 1,584 Crore
-Rs 1,472 Crore
-Rs 784 Crore
Quarterly Income Statement
The following table presents the quarterly income statement for Ola Electric Mobility:
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
Rs 828 Crore
Rs 611 Crore
Rs 1,045 Crore
Rs 1,214 Crore
Rs 1,644 Crore
Other Income
Rs 68 Crore
Rs 117 Crore
Rs 127 Crore
Rs 100 Crore
Rs 74 Crore
Total Income
Rs 896 Crore
Rs 728 Crore
Rs 1,172 Crore
Rs 1,314 Crore
Rs 1,718 Crore
Total Expenditure
Rs 1,230 Crore
Rs 1,476 Crore
Rs 1,643 Crore
Rs 1,725 Crore
Rs 1,998 Crore
EBIT
-Rs 334 Crore
-Rs 748 Crore
-Rs 471 Crore
-Rs 411 Crore
-Rs 280 Crore
Interest
Rs 94 Crore
Rs 122 Crore
Rs 93 Crore
Rs 84 Crore
Rs 67 Crore
Tax
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Profit
-Rs 428 Crore
-Rs 870 Crore
-Rs 564 Crore
-Rs 495 Crore
-Rs 347 Crore
Cash Flow
The following table summarizes the cash flow from various activities:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Operating Activities
-Rs 2,391 Crore
-Rs 633 Crore
-Rs 1,507 Crore
-Rs 884 Crore
Investing Activities
-Rs 2,864 Crore
-Rs 1,136 Crore
-Rs 318 Crore
-Rs 1,321 Crore
Financing Activities
Rs 5,429 Crore
Rs 1,589 Crore
Rs 658 Crore
Rs 3,084 Crore
Others
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Cash Flow
Rs 174 Crore
-Rs 179 Crore
-Rs 1,167 Crore
Rs 878 Crore
Balance Sheet
The following table presents the balance sheet of Ola Electric Mobility:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Share Capital
Rs 4,411 Crore
Rs 1,955 Crore
Rs 1,955 Crore
Rs 1,955 Crore
Reserves & Surplus
Rs 732 Crore
-Rs 2,909 Crore
-Rs 1,408 Crore
-Rs 98 Crore
Current Liabilities
Rs 3,554 Crore
Rs 4,007 Crore
Rs 2,350 Crore
Rs 1,156 Crore
Other Liabilities
Rs 2,378 Crore
Rs 4,681 Crore
Rs 2,675 Crore
Rs 2,382 Crore
Total Liabilities
Rs 11,075 Crore
Rs 7,735 Crore
Rs 5,573 Crore
Rs 5,395 Crore
Fixed Assets
Rs 3,847 Crore
Rs 3,195 Crore
Rs 1,719 Crore
Rs 1,101 Crore
Current Assets
Rs 6,661 Crore
Rs 4,046 Crore
Rs 3,449 Crore
Rs 4,063 Crore
Other Assets
Rs 567 Crore
Rs 493 Crore
Rs 403 Crore
Rs 230 Crore
Total Assets
Rs 11,075 Crore
Rs 7,735 Crore
Rs 5,573 Crore
Rs 5,395 Crore
Contingent Liabilities
Rs 2,984 Crore
Rs 2,455 Crore
Rs 2,001 Crore
Rs 871 Crore
Financial Ratios
Key financial ratios for Ola Electric Mobility are as follows:
Ratio
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Basic EPS (Rs.)
-2.23
-3.91
-4.35
-5.48
Diluted Eps (Rs.)
-2.23
-3.91
-4.35
-5.48
Book Value /Share (Rs.)
9.50
2.80
-4.88
11.66
Dividend/Share (Rs.)
0.00
0.00
0.00
0.00
Gross Profit Margin (%)
-192.15
-41.83
-20.64
-29.26
Operating Margin (%)
-205.27
-48.18
-27.78
-41.80
Net Profit Margin (%)
-209.98
-55.95
-31.62
-50.42
Return on Networth (%)
-42.21
-269.24
0.00
-44.25
ROCE (%)
-18.08
-39.34
-37.33
-25.08
Return On Assets (%)
-14.53
-26.41
-20.48
-20.55
Current Ratio (X)
3.51
1.47
1.01
1.87
Quick Ratio (X)
3.27
1.22
0.84
1.65
Debt to Equity (x)
0.40
3.01
-2.50
0.59
Interest Coverage Ratios (X)
-40.73
-10.20
-5.54
-3.61
Asset Turnover Ratio (%)
0.00
0.48
0.75
0.48
Inventory Turnover Ratio (X)
0.00
5.77
6.87
6.11
3 Yr CAGR Sales (%)
1,832.41
5,029.26
6,978.02
247.68
3 Yr CAGR Net Profit (%)
2,700.27
3,736.77
3,880.45
70.37
P/E (x)
0.00
0.00
0.00
-9.68
P/B (x)
0.00
0.00
0.00
4.54
EV/EBITDA (x)
0.00
0.00
0.00
-17.33
P/S (x)
0.00
0.00
0.00
5.18
Corporate Actions
Ola Electric Mobility Limited has announced several press releases. According to a press release dated September 24, 2025, the company made an announcement under Regulation 30 (LODR). Additionally, on September 23, 2025, the company launched the "Ola Celebrates India Campaign" introducing "MuhuratMahotsav" with EVs starting at Rs 49,999.
Moneycontrol analysis on September 23, 2025, indicated a bullish sentiment for the stock.
With the stock's last traded price at Rs 56.95, Ola Electric Mobility saw its shares reach the upper circuit in today's session.
