Ola Electric Mobility’s consolidated expenditure on legal and professional fees declined by around 35% to ₹72 crore in FY26, from ₹111 crore in the previous financial year, according to the company’s annual report.
The reduction came as the electric two-wheeler maker undertook a broad reset of its operating cost structure during the year amid lower sales volumes and heightened competition.
Legal and professional fees were part of Ola Electric’s consolidated other expenses, which fell to ₹1,388 crore in FY26 from ₹2,082 crore in FY25.
The company’s overall revenue from operations declined 50.1% to ₹2,253 crore in FY26 from ₹4,514 crore a year earlier. Despite the sharp fall in revenue, Ola Electric said it improved its consolidated gross margin to 30.6% from 17.9% and reduced its operating cash outflow to ₹775 crore from ₹2,391 crore.
The decline in legal and professional fees was accompanied by reductions in several other cost heads. Advertising, marketing and sales promotion expenses fell to ₹97 crore from ₹146 crore, while freight and forwarding charges declined to ₹113 crore from ₹210 crore. Technology costs fell to ₹170 crore from ₹190 crore.
At the same time, research costs increased sharply to ₹235 crore in FY26 from ₹127 crore, reflecting the company’s continued investment in product and battery technology.
Ola Electric said FY26 was a year of “structural reset”, with the company shifting its operating model from rapid expansion towards sustainable growth, stronger unit economics and greater cash discipline. It also rationalised its retail footprint, reduced operating costs and progressed its cell-manufacturing operations towards commercial deployment.
