Ola Electric completes network transformation and opex reduction program; shares rise 2%

 



Completed its network transformation and opex reduction program.
The program has delivered a cost reduction of Rs 90 crore per month.
The company expects automotive segment EBITDA breakeven in Q1 FY26.
The average vehicle inventory has been reduced from 35 to 20 days.
The program includes shutting regional warehouses and direct shipping.
Customer delivery time has been reduced from 12 days to 3-4 days.
Daily vehicle registrations have increased to over 800 per day.

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