Ola Electric Mobility Ltd’s shares made a strong comeback on Monday, climbing 9.49 per cent to a peak of Rs 43.60, breaking a five-day slump. By the latest update, the stock was still up 4.77 per cent at Rs 41.72, although it has dropped 51.62 per cent year-to-date in 2025.
This rally occurred even as the company reported a larger net loss of Rs 428 crore for the April–June quarter of FY26 (Q1), up from Rs 347 crore the previous year, with revenue plunging 49.64 per cent to Rs 828 crore from Rs 1,644 crore.
Despite the yearly setback, the quarter-on-quarter performance offered some relief. In the last quarter of FY25 (Q4), Ola Electric had a net loss of Rs 870 crore and revenue of Rs 611 crore, making Q1’s figures look relatively better in comparison.
Company Highlights Operational Improvements
Ola Electric’s official statement emphasized financial discipline and operational progress in Q1 FY26. The auto segment’s EBITDA margin improved dramatically to -11.6 per cent from -90.6 per cent in Q4 FY25, with June being the first month the auto business turned a positive EBITDA. Overall, the consolidated EBITDA also bounced back to -28.6 per cent from the prior quarter’s figures.
Expert Opinions on Investment
Market experts have mixed views on the stock. Kranthi Bathini from WealthMills Securities suggested that current investors should hold onto their shares but advised against new investments unless a clear recovery is visible. Similarly, Osho Krishan from Angel One recommended steering clear of the stock for now, urging caution until a decisive upturn is confirmed.
Challenges in Maharashtra
Adding to the concerns, a media report revealed that Maharashtra plans to close nearly 90 per cent of Ola Electric’s 450 showrooms due to missing permits for storing unregistered vehicles. This could impact the company, as Maharashtra accounted for about 12 per cent of its 3,44,000 scooter sales in the last financial year.
Ola Electric Mobility Ltd Company Background
Founded in 2017, Ola Electric focuses on manufacturing electric vehicles and key components like battery packs, motors, and frames at its Ola Futurefactory. As of March 2025, promoters hold a 36.78 per cent stake in the company.
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