Ola Electric shares rally 9% as firm sees business turnaround in Dec 2025; check what Bhavish Aggarwal said

With 9,020 units registered in December (as per VAHAN data), the company has increased its market share month-on-month (MoM) to 9.3% in December over 7.2% in November 2025. In addition to this, Ola’s market share in the second half of December 2025 (as per VAHAN data) further increased to nearly 12%, indicating a clear uptick in demand and market share gains, it said.

“Ola Electric today announced early but decisive results from Hyperservice, its focused service transformation program, positioning the company for a sustained business turnaround driven by improving customer experience, rising demand, and disciplined operational execution,” the firm said in a statement on January 1.

Hyperservice is designed to directly address backlog resolution, workforce capacity, parts availability, and customer self-service.

Ola Electric said it regained its position among the top three EV players in nearly a dozen states in December 2025, driven by market share gains and a demand boost. It further added that this included key EV markets such as Tamil Nadu, Uttar Pradesh, Bihar, Jharkhand, Punjab and Haryana.

After encountering service bottlenecks amid rapid scale-up, the company initiated Hyperservice to structurally strengthen its service backbone. The programme delivers significant improvement in service resolution speed, with 77% of service requests experiencing same-day completion in December 2025.

While Ola Electric has expanded its market share by 2 percentage points at a pan-India level between November and December 2025, the momentum has been strong in the southern part of the country, where the company gained 2.5 percentage points, led by Bengaluru with about 4 percentage points of market share gain during the same period (as per VAHAN).

“Our priority has been to fix the fundamentals of service with speed and discipline. Hyperservice is a structurally focused programme, not a short-term fix, and we are already seeing clear outcomes in customer experience, market share, and bookings momentum. As service metrics stabilise, early indicators point to an improvement in demand,” said Bhavish Aggarwal, Chairman and Managing Director, Ola Electric.

Alongside service recovery, Ola Electric commenced deliveries of its 4680 Bharat Cell-powered S1 Pro+ 5.2 kWh scooters in November 2025, seeing strong early demand. Additionally, the firm received government certification for the same in December 2025.

“With the rollout of 4680-cell vehicles and upcoming BESS deliveries, we are strengthening both our near-term execution and long-term technology roadmap. We believe this positions Ola Electric for sustained growth with improving operational leverage,” Aggarwal added.

Ola Electric share price

At 11:30 AM, Ola Electric shares were trading at ₹40.07 apiece on the National Stock Exchange, gaining 8.56%.

In the last five trading sessions, the stock has surged 13%, while they declined more than 52% on a year-on-year basis. However, shares of Ola Electric Mobility have fallen over 58% in 2025.

The company’s total market capitalisation stands at ₹17,696.25 crore, as per NSE data.

Ola Electric's financials

Ola Electric Mobility had reported a consolidated net loss of ₹418 crore for the July-September quarter of the financial year 2025-26. The firm had reported a net loss of ₹495 crore in the same period last year.

Ola’s revenue from operations stood at ₹690 crore in Q2 FY26, declining 43% from ₹1,214 crore in Q2 FY25. The firm has recorded total deliveries of 52,666 vehicles in Q2 FY26.

The company’s EBITDA loss for the reporting quarter stood at ₹203 crore in contrast to ₹379 crore year-on-year (YoY).

The company’s auto segment reported a positive EBITDA of 0.3% in Q2 FY26, a sharp improvement from -5.3% in the previous quarter, marking its first-ever quarter of profitability in the auto business.