21-May-2026
Corporate News
 
Ola Electric Q4 loss narrows to Rs 500 crore, turns cash flow positive
21-May-2026

Ola Electric’s consolidated net loss narrowed to Rs 500 crore in the fourth quarter of FY26, from Rs 870 crore in the corresponding quarter of FY25, aided by a steep reduction in operating expenses. The net loss widened sequentially from Rs 487 crore in the December quarter. Revenue from operations plunged 57% year-on-year to Rs 265 crore in Q4FY26 as vehicle deliveries fell more than half to 20,256 units, compared to 51,375 units in Q4FY25.

News Source:- https://www.financialexpress.com/business/news/ola-electric-q4-loss-narrows-to-rs-500-crore-turns-cash-flow-positivenbsp/4246672/