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Ola Electric delivers cost reduction of Rs 90 crore per month – Know how 

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Ola Electric delivers cost reduction of Rs 90 crore per month – Know how 

Ola Electric Mobility Ltd on Wednesday announced that it has completed implementation of its Network Transformation and Opex Reduction Program aimed at reducing cost and improving customer experience. In a regulatory filing, the company said that the company-wide initiative which was launched in November 2024, has delivered a sustainable cost reduction of Rs 90 crore per month.

The company now expects to achieve automotive segment EBITDA breakeven for the next quarter (Q1FY26). Ola Electric said, “This initiative has delivered a sustainable cost reduction of Rs 90 crore per month. As a result, the company expects to achieve automotive segment EBITDA breakeven for the next quarter (Q1FY26), with the financial impact of these initiatives beginning to fully reflect from April 2025.”

This is a developing story, more details are being added. Please watch the space for updates

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