Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ola Electric Mobility Ltd
Quarter-by-quarter operating performance
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,243 | 873 | 1,296 | 1,598 | 1,644 | 1,214 | 1,045 | 611 | 828 | 690 | 470 | 265 |
| Expenses + | 1,461 | 1,308 | 1,597 | 1,910 | 1,849 | 1,593 | 1,505 | 1,306 | 1,065 | 893 | 741 | 546 |
| Operating Profit | -218 | -435 | -301 | -312 | -205 | -379 | -460 | -695 | -237 | -203 | -271 | -281 |
| OPM % | -18% | -50% | -23% | -20% | -12% | -31% | -44% | -114% | -29% | -29% | -58% | -106% |
| Other Income + | 34 | 49 | 71 | 73 | 51 | 100 | 127 | 117 | 68 | 66 | 34 | 39 |
| Interest | 36 | 46 | 43 | 61 | 67 | 84 | 93 | 122 | 94 | 109 | 80 | 77 |
| Depreciation | 47 | 92 | 103 | 116 | 126 | 132 | 138 | 170 | 165 | 172 | 170 | 177 |
| Profit before tax | -267 | -524 | -376 | -416 | -347 | -495 | -564 | -870 | -428 | -418 | -487 | -496 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% |
| Net Profit + | -267 | -524 | -376 | -416 | -347 | -495 | -564 | -870 | -428 | -418 | -487 | -500 |
| EPS in Rs | -1.37 | -2.68 | -1.92 | -2.13 | -1.45 | -1.12 | -1.28 | -1.97 | -0.97 | -0.95 | -1.10 | -1.13 |
Financials of Ola Electric Mobility Ltd
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 1 | 373 | 2,631 | 5,010 | 4,514 | 2,253 |
| Expenses + | 278 | 1,174 | 3,883 | 6,276 | 6,249 | 3,225 |
| Operating Profit | -277 | -800 | -1,252 | -1,266 | -1,735 | -972 |
| OPM % | -32,228% | -214% | -48% | -25% | -38% | -43% |
| Other Income + | 98 | 83 | 55 | 226 | 391 | 207 |
| Interest | 1 | 18 | 108 | 187 | 366 | 380 |
| Depreciation | 20 | 49 | 167 | 358 | 566 | 684 |
| Profit before tax | -199 | -784 | -1,472 | -1,584 | -2,276 | -1,829 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit + | -199 | -784 | -1,472 | -1,584 | -2,276 | -1,833 |
| EPS in Rs | -199,230.00 | -4.01 | -7.53 | -8.10 | -5.16 | -4.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Ola Electric Mobility Ltd
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 1,955 | 1,955 | 1,955 | 4,411 | 4,411 |
| Reserves | 1,971 | -98 | -1,409 | -2,909 | 732 | -1,060 |
| Borrowings + | 42 | 2,608 | 3,505 | 5,684 | 3,556 | 2,763 |
| Other Liabilities + | 100 | 931 | 1,521 | 3,006 | 2,376 | 1,674 |
| Total Liabilities | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 | 7,788 |
| Fixed Assets + | 104 | 1,025 | 1,219 | 2,491 | 3,154 | 3,352 |
| CWIP | 43 | 83 | 507 | 713 | 702 | 496 |
| Investments | 455 | 1,102 | 276 | 64 | 40 | 0 |
| Other Assets + | 1,510 | 3,186 | 3,571 | 4,468 | 7,179 | 3,940 |
| Total Assets | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 | 7,788 |
Financials of Ola Electric Mobility Ltd
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -252 | -885 | -1,507 | -633 | -2,391 | -775 |
| Cash from Investing Activity + | 549 | -1,322 | -319 | -1,136 | -2,864 | 2,002 |
| Cash from Financing Activity + | 3 | 3,085 | 659 | 1,590 | 5,429 | -1,201 |
| Net Cash Flow | 300 | 878 | -1,167 | -179 | 174 | 26 |
| Free Cash Flow | -360 | -1,772 | -2,350 | -1,845 | -3,367 | -1,301 |
| CFO/OP | 90% | 111% | 121% | 49% | 137% | 80% |
Financials of Ola Electric Mobility Ltd
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 161 | 15 | 12 | 12 | 1 | 5 |
| Inventory Days | 216 | 83 | 58 | 77 | 63 | |
| Days Payable | 271 | 98 | 112 | 94 | 159 | |
| Cash Conversion Cycle | 161 | -40 | -4 | -43 | -16 | -91 |
| Working Capital Days | -37,922 | -249 | -93 | -120 | -33 | -185 |
| ROCE % | -24% | -30% | -32% | -28% | -20% |