Ola Electric Mobility Limited has announced the outcome of its Board meeting held on February 13, 2026. The Board considered and approved the Unaudited Standalone and Consolidated Financial Results for the third quarter (Q3 FY2026) and the nine months ended December 31, 2025. The results were accompanied by a Limited Review Report from BSR & Co. LLP. Furthermore, the company confirmed that the trading window, previously closed since December 31, 2025, will reopen 48 hours after the declaration of these financial results.
Board Meeting Concludes on Q3 FY2026 Results
Ola Electric Mobility Limited announced that its Board of Directors met on February 13, 2026, to review and approve key financial statements. The primary outcome was the formal approval of the Unaudited Standalone and Consolidated financial results covering the quarter ended December 31, 2025, and the nine-month period from April 1, 2025, to December 31, 2025. The statutory auditors, BSR & Co. LLP, issued the necessary Limited Review Report, which is enclosed with the submission.
Financial Highlights Snapshot (Consolidated)
The consolidated results show significant activity across the dual segments, ‘Automotive’ and ‘Cell’.
Revenue and Loss Summary
- For the Quarter ended December 31, 2025 (Unaudited), Total Income stood at ₹504 crore, against Total Expenses of ₹741 crore, resulting in a Loss before tax of (₹487 crore).
- For the Nine Months ended December 31, 2025 (Unaudited), Total Income was ₹2,156 crore, against Total Expenses of ₹2,699 crore, leading to a Loss before tax of (₹1,333 crore).
- The Total Comprehensive Loss for the quarter attributable to owners was (₹479 crore).
Segment Performance Overview
The detailed consolidated segment information distinguishes performance between Automotive and Cell segments.
- The Automotive segment accounted for the vast majority of revenue, reporting Total Segment Revenue of ₹476 crore for the quarter.
- The segment results indicate that the Automotive segment contributed a loss of (₹289 crore) before tax for the quarter, while the Cell segment reported a loss of (₹89 crore).
Going Concern Assessment and Operational Notes
Management confirmed the assessment of its going concern assumption. Although the Group registered a negative cash flow from operations of INR 866 crores for the nine months ended December 31, 2025, management believes the company will meet its liabilities, supported by available cash, projected cash flows, and credit limits. Furthermore, the company continues to utilize IPO proceeds, with approximately ₹1,503 crores unutilized as of December 31, 2025, designated for specific capital expenditure, R&D, and debt repayment according to the reallocation plan.
Standalone Financials and IPO Utilization
The standalone results also reflected continued losses, with a Loss for the period of (₹32 crore) for Q3 FY2026. The utilization table for the IPO proceeds shows that as of December 31, 2025, ₹3,772 crores out of the total proceeds were utilized, leaving ₹1,503 crores remaining for deployment.
Trading Window Reopening
In continuation of the prior notification regarding the trading window closure effective December 31, 2025, the company specified that the window for securities dealing will be re-opened 48 hours following the declaration of these Financial Results.
Source: BSE
