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Ola Electric targets EBITDA breakeven for Q1 FY26 amid cost cuts

YourStory LogoYourStory12h ago

Ola Electric targets EBITDA breakeven for Q1 FY26 amid cost cuts - YourStory

Quick Summary:

Ola Electric expects to achieve profitability for its automotive segment in the first quarter of FY26, with the financial impact of cost cutting initiatives taking full effect from April 2025.

Will clear all backlog through next 10-15 days," Aggarwal's post added.

The company maintained that actual sales remain strong despite the registration dip, and expects numbers to normalise in the coming weeks.


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Ola Electric targets EBITDA breakeven for Q1 FY26 amid cost cuts - YourStory (Picture 1)Ola Electric targets EBITDA breakeven for Q1 FY26 amid cost cuts - YourStory (Picture 2)

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 15:40:25 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 469 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 26922884

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About YourStory

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 12 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #44

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