&w=3840&q=100)
Ola Electric Q4 results: Loss widens to ₹870 crore, revenue declines 59%
The revenue from operations declined 59.5 per cent to ₹611 crore in Q4FY25, the company had reported the same as ₹1,598 crore in the corresponding quarter last year.
Ola Electric reported a 38 per cent year on year improvement in gross margins for the financial year 2024–25 (FY25).
The company expects gross margins in the first quarter of FY26 (Q1 FY26) to improve by an additional 10 per cent over the fourth quarter of FY25 (Q4 FY25).
The company also highlighted that through initiatives like Project Vistaar and Project Lakshya, it has successfully reduced the Auto segment EBITDA break-even point to below 25,000 units per month, further supporting its path to profitability.
In FY25, Ola Electric delivered 359,221 units, marking a 9 per cent year on year increase from 329,549 units in FY24, thereby maintaining its leadership position in the electric two-wheeler (E2W) segment and contributing to higher electric vehicle penetration.
The mass adoption of EVs was driven largely by the success of the S1 X model, which achieved deliveries of 1,96,123 units in FY25, reflecting a more than 3.5-fold year on year increase from 53,083 units in FY24. The company also expanded its product lineup with the launch of the Gen 3 S1 scooters and Roadster X motorcycles.
In addition to product and sales growth, Ola Electric expanded its distribution network to over 4,000 touchpoints, establishing itself as India's largest EV distribution network with significant reach into Tier 3 and rural markets.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
8 hours ago
- Business Standard
Ola Electric rolls out software update to boost performance in EV market
Ola Electric Mobility Ltd. rolled out the latest version of its proprietary operating system on Tuesday, as India's largest electric two-wheeler manufacturer seeks to gain an edge in the country's rapidly expanding EV market. The Bengaluru-based company said MoveOS 5 will improve the performance of its S1 scooters and new Roadster X motorcycles, delivering faster acceleration, better reliability, and an extended driving range. The software update represents part of Ola's strategy to leverage in-house technology to distinguish its products from a growing field of competitors, including Ather, Bajaj Auto, and TVS. The MoveOS 5 upgrade will be rolled out to all S1 and Roadster X vehicles via an OTA upgrade starting this week. 'This upgrade isn't just about new features, it fundamentally enhances the performance, reliability, and range of our vehicles,' said an Ola Electric spokesperson. 'With smarter energy management, real-time system monitoring, and more user control over ride settings, we're enabling our riders to get more out of every ride.' Ola Electric's latest MoveOS 5 upgrade delivers sharper performance on its Gen 3 platform, due to an optimized in-house Motor Control Unit that enhances range and responsiveness. The update also brings advanced battery management across all vehicle generations, improving battery health and energy recuperation through smarter regenerative braking—aimed at boosting efficiency and reliability. For instance, enhanced convenience features are aimed at customization and safety. A new DIY Mode lets riders tailor performance settings—top speed, power, throttle sensitivity, and regenerative braking—for a personalized experience. Road-Trip Mode streamlines group rides with real-time tracking, route planning, and SOS alerts. Here, admins can manage access and make live updates via Ola Maps. For tight maneuvers, Easy Park enables low-speed forward and reverse motion—capped at 4 km/h—using throttle control, improving ease and safety in confined spaces. The upgrade includes safety and security tools, including Live Location Sharing, which lets riders share their real-time location with up to five contacts via a secure link. Users can set a duration or stop sharing anytime through the vehicle HMI or app. SOS Alerts allow riders to pre-select emergency contacts and automatically send their live location in safety situations. The Find My Vehicle feature helps locate scooters in crowded or low-visibility areas by activating lights and sound through the app. The notification centre delivers alerts from select apps to the vehicle's HMI (human-machine interface), with options to show full messages, counts, or silence notifications. Ola's rival Ather Energy will host the third edition of its flagship Community Day event in late August 2025. The EV maker plans to unveil its new EL scooter platform, concept vehicles, next-gen fast chargers, and AtherStack 7.0 software. The EL platform, designed for versatility and cost-efficiency, will support a broader product lineup, while the upgraded charging solution aims to reduce charging times and boost convenience.
Business Standard
9 hours ago
- Business Standard
Ola Electric rolls out its most advance software upgrade
Ola Electric announced the mass roll out of its MoveOS 5 software. MoveOS is the company's proprietary and in-house developed software for both its S1 range of scooters and the recently launched Roadster X motorcycles. With the upgrade to MoveOS 5, the company has unlocked more potential of its product by offering enhanced performance, better reliability, and increased range. Spokesperson, Ola Electric said, MoveOS 5 is the latest upgrade in our journey to build the most advanced and intelligent OS for EV two wheelers. This upgrade isn't just about new features, it fundamentally enhances the performance, reliability, and range of our vehicles. With smarter energy management, real-time system monitoring, more user control over ride settings, we're enabling our riders to get more out of every ride. MoveOS 5 is a reflection of our commitment to continuous innovation and product evolution, and it's been engineered to deliver a riding experience that is not only more personalized, but also more robust, efficient, and future-ready. The MoveOS 5 upgrade will be rolled-out to all S1 and Roadster X via an OTA upgrade starting this week.
Hindustan Times
11 hours ago
- Hindustan Times
Ola Electric announces mass roll out of MoveOS 5. Check out the features
MoveOS 5 first made its public debut on Gen 3 products of Ola Electric. Check Offers Ola Electric has announced that they have started rolling out the MoveOS 5 to all S1 scooters and Roadster X motorcycles. The beta software was first introduced last year in August and got delayed. However, it is now finally available for the existing customers. Ola claims that the new software update brings new features, better performance and improved riding range. Here are a few of the features of the new MoveOS 5: Bharat Mood The initial enhancement to MoveOS 5 is the Bharat Mood theme, which draws inspiration from the national bird, the peacock. This theme will display crucial information for the rider, such as range, music controls, speed, riding mode, trip details, odometer readings, and time. Smartwatch app Ola Electric has introduced a new smartwatch application that allows customers to check the status of their electric scooters directly from their wrist. Additionally, users can unlock the scooter and access the boot through the smartwatch. The MoveOS 5 comes with several new features that can be useful to the rider. For instance, there are widgets and notifications. DIY Mode Then there is the DIY mode, enabling the rider to adjust throttle sensitivity and advanced regenerative braking. Riders have the option to select from four levels of advanced regeneration and three configurations for throttle sensitivity. Furthermore, there is an option to deactivate advanced regeneration. Notification Centre The Notification Centre enables riders to receive significant phone notifications from a chosen group of applications on the vehicle's HMI. It features intelligent controls that allow users to switch between displaying full content, message counts, or disabling notifications entirely for a distraction-free experience. WhatsApp notifications can be customised to display messages from all contacts, only favourites, or not at all. Also Read : Vida VX2 to launch on July 1, will come as an affordable version of V2: Key expectations Widgets In addition, there are widgets available. The Cricket Widget shows live match scores, whereas the Weather Widget offers real-time information on temperature and AQI according to the rider's present location. SOS Alerts Electric vehicles are now fitted with SOS alerts. In case of an accident, they will automatically transmit an SOS notification and show three emergency contacts on the display. Smart Park At present, the details regarding the Smart Park feature are not well-defined. Nevertheless, it is expected that this feature will improve throttle response and limit the scooter's speed, thereby making it easier to navigate in parking zones. Also Read : Ola Electric working on six new electric two-wheelers, launch in post-Q2 FY26 Road Trip Mode A newly introduced Road Trip mode aims to support customers during group rides. This mode will showcase directions to the destination on the dashboard, as well as details regarding other participants in the ride. Find My Vehicle The Find My Vehicle is now on offer, which allows the riders to locate their vehicle easily in crowded or low-visibility areas. Riders can activate a combination of lights and sounds via the Ola Electric App. Spokesperson, Ola Electric said, 'MoveOS 5 is the latest upgrade in our journey to build the most advanced and intelligent OS for EV two wheelers. This upgrade isn't just about new features, it fundamentally enhances the performance, reliability, and range of our vehicles. With smarter energy management, real-time system monitoring, more user control over ride settings, we're enabling our riders to get more out of every ride. MoveOS 5 is a reflection of our commitment to continuous innovation and product evolution, and it's been engineered to deliver a riding experience that is not only more personalized, but also more robust, efficient, and future-ready." Check out Upcoming EV Bikes in India. First Published Date: 08 Jul 2025, 12:34 PM IST
