The corporate stated its consolidated whole income from operations for the second quarter of FY26 stood at Rs 690 crore, reflecting a 43% year-on-year (YoY) decline in comparison with Rs 1,214 crore reported within the September 2024 quarter.
Auto enterprise turns EBITDA optimistic
Ola Electrical stated it achieved Auto EBITDA profitability for the primary time, supported by a gross margin of 30.7%, up 510 foundation factors quarter-on-quarter. Working bills have been lowered by round 52% in comparison with the earlier quarter.The corporate stated its auto enterprise turned cash-generative throughout the quarter, with underlying money move from operations at Rs 15 crore, although reported at a destructive Rs 40 crore resulting from one-time festive stock build-up.
Outlook and monetary steering
Ola stated it expects a extra balanced and diversified income combine over the following few quarters as power merchandise ramp up. Gross margins are projected to strengthen additional with larger Gen 3 volumes, in-house cell integration, and continued value optimisation.
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