Ola Electric shares fall 5.35%; among top losers on Nifty Midcap 150 in today's trading session

Shares of Ola Electric declined 5.35% in Thursday's trading session, making it one of the top losers on the Nifty Midcap 150. The decline positioned the stock at Rs 65.30.

Among other stocks in the Nifty Midcap 150, One 97 Paytm fell 3.35% to Rs 1,245.20, Solar Ind decreased 3% to Rs 13,864.00, Max Financial dropped 2.81% to Rs 1,572.00, and Jindal Stainles fell 2.18% to Rs 744.05.

Financial Overview of Ola Electric

Here's an overview of Ola Electric's financial performance based on consolidated figures:
The revenue for Ola Electric has fluctuated over the last five quarters, with a high of Rs 1,644.00 Crore in June 2024 and a low of Rs 611.00 Crore in March 2025. The company has consistently reported net losses across these quarters.

Financial Overview (Yearly)

The yearly revenue for Ola Electric has grown significantly from 2022 to 2024, but experienced a slight decrease in 2025. Net profit has remained negative, with increasing losses year-over-year. Revenue increased from Rs 373.42 Crore in 2022 to Rs 5,009.83 Crore in 2024. However, it decreased to Rs 4,514.00 Crore in 2025. Net Profit has also been on the decline, from a loss of Rs 784.15 Crore in 2022 to a loss of Rs 2,276.00 Crore in 2025.

Cash Flow

Balance Sheet

Key Financial Ratios

Corporate Actions

Ola Electric Mobility Limited has been actively involved in investor and analyst meetings, as indicated by announcements made on August 30, 2025. A press release dated August 26, 2025, highlighted that Ola Electric secured PLI certification for its Gen 3 Scooter Portfolio, which is expected to boost profitability from Q2 FY26 onwards.

With the stock's last traded price at Rs 65.30, Ola Electric was among the top losers on the Nifty Midcap 150 index during Thursday's trading session.