NEW DELHI, Nov 6: Ola Electric on Thursday said its automobile business turned profitable in the quarter ended September 2025 with pre-tax earnings growing by 0.3 per cent against a contraction of 5.3 per cent in the preceding three months. The positive EBITDA (earnings before interest, taxes, depreciation and amortisation) of 0.3 per cent in July-September marks the company’s first quarter of EBITDA profitability, Ola Electric said in a statement. The company also announced that its auto gross margin expanded sequentially by 510 basis points to 30.7 per cent, higher than most ICE (conventional engine) two-wheeler companies, with minimal PLI contribution of 2 per cent. This marks a significant inflection point in the company’s journey toward sustainable profitability supported by

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