Ola Electric auto biz turns profitable in Q2; gross margins expand to 30.7 pc
Published on: Nov. 6, 2025, 3:32 p.m. | Source: Daily Excelsior
NEW DELHI, Nov 6: Ola Electric on Thursday said its automobile business turned profitable in the quarter ended September 2025 with pre-tax earnings growing by 0.3 per cent against a contraction of 5.3 per cent in the preceding three months. The positive EBITDA (earnings before interest, taxes, depreciation and amortisation) of 0.3 per cent in July-September marks the company’s first quarter of EBITDA profitability, Ola Electric said in a statement. The company also announced that its auto gross margin […]
