OLA Electric Mobility Limited’s board has approved the unaudited standalone and consolidated financial results for the second quarter (Q2) and half-year ended September 30, 2025. PricewaterhouseCoopers Services LLP has been appointed as the internal auditor for the financial year 2025-2026. Trading window for the company has been closed since October 1, 2025, and will reopen 48 hours post declaration of results.
Financial Results Approved
The Board of Directors at OLA Electric Mobility Limited has officially approved the unaudited financial results, both on a standalone and consolidated basis, for the second quarter and half-year ending September 30, 2025. The decision was made during a board meeting held on November 6, 2025.
Internal Auditor Appointment
During the same meeting, the board approved the appointment of PricewaterhouseCoopers Services LLP as the internal auditor for the financial year 2025-2026. This appointment follows a recommendation from the Audit Committee, signaling a move towards enhanced financial oversight and governance.
Trading Window Closure
It has been confirmed that the trading window for dealing in the company’s securities has been closed since October 1, 2025. The trading window will reopen 48 hours after the declaration of the financial results, ensuring compliance with regulatory requirements.
Financial Performance Overview
The consolidated financial results for the quarter ending September 30, 2025, show a total income of ₹756 Crores, and total expenses of ₹893 Crores resulting in a loss before finance costs of ₹137 Crores. The company reported a total comprehensive loss for the period attributable to owners of the company of ₹410 Crores.
The unaudited standalone financial results show a total income of ₹25 Crores, and total expenses of ₹14 Crores resulting in a profit before finance costs of ₹11 Crores. The company reported a total comprehensive loss for the period of ₹14 Crores.
Source: BSE
