Intentar ORO - Gratis

Ola Electric Profit Push Must Be Followed by Better Volumes

Mint Hyderabad

|

July 16, 2025

Slipping grip

- Manvi Agarwal

Ola Electric Mobility Ltd's stock jumped 11% in the past two days after its June quarter (QIFY26) results showed signs of operating discipline. Ola's auto business was EBITDA positive in June, helped by stronger volumes, tighter cost control, and early gains from its vertically integrated setup.

QIFY26 consolidated revenues rose 35.5% sequentially to ₹828 crore, while deliveries climbed 32.7%. Gross margin rose to 25.8% from 13.8% in Q4FY25, leading to an improvement in EBITDA margin to negative 29% from negative 114% in the same period.

Ola expects profitability to sustain and has guided for above 5% FY26 auto segment EBITDA margin after posting negative 11.6% in QIFY26.

MÁS HISTORIAS DE Mint Hyderabad

Mint Hyderabad

ONGC backs rupee bond after 15 years

State-run Oil and Natural Gas Corp (ONGC) has provided its first guarantee in 15 years for a rupee-denominated bond, likely to be issued by a subsidiary this quarter, three sources aware of the matter said on Thursday.

time to read

1 min

October 10, 2025

Mint Hyderabad

Mint Hyderabad

Silver ETFs soar on festive demand, supply crunch

\"In the past three to four weeks, we have seen a surge in silver demand,\" said Vikram Dhawan, head of commodities and fund manager at Nippon India Mutual Fund, which runs the largest gold and silver ETFs in the country.

time to read

2 mins

October 10, 2025

Mint Hyderabad

Mint Hyderabad

The dollar is far from dead and the yuan is not staging a coup

Greenback doomsayers got it wrong. The dollar's reign is not over

time to read

3 mins

October 10, 2025

Mint Hyderabad

Akasa co-founder Khatri exits after ₹1,200 cr funding

Ex-IAF officer's departure is the first from the founding team since the carrier's 2022 launch.

time to read

1 mins

October 10, 2025

Mint Hyderabad

Andreessen Horowitz to open office in Bengaluru

Andreessen Horowitz, one of the world's biggest venture capital funds, is setting up an office in Bengaluru, multiple people familiar with the development said.

time to read

1 min

October 10, 2025

Mint Hyderabad

An AI bubble mustn’t distract us from the AI revolution

Every major technological boom attracts sceptics. Today, that chorus is growing louder around artificial intelligence (AI).

time to read

3 mins

October 10, 2025

Mint Hyderabad

Tax residency depends on your travel pattern and primary base

I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.

time to read

2 mins

October 10, 2025

Mint Hyderabad

Mint Hyderabad

Nestlé looks beyond Maggi, bets on India petcare boom

Nestlé SA sees India as a potential top-three global petcare market after the US and China

time to read

2 mins

October 10, 2025

Mint Hyderabad

LG India's $1.3 billion IPO subscribed 54x

LG Electronics Inc.'s $1.3 billion initial public offering (IPO) of its Indian unit was subscribed 54 times on the final day of book building, making it India's second most heavily bid billion-dollar-plus issue.

time to read

1 min

October 10, 2025

Mint Hyderabad

Celebrating the snake in jewellery and art

An exhibition in Mumbai reiterates the power of the serpent motif in ornamentation and shines a light on Jaipur's wealth of gemstones

time to read

2 mins

October 10, 2025

Listen

Translate

Share

-
+

Change font size