- Ola Electric's Q4 net loss narrowed to Rs 500 crore from Rs 870 crore year ago
- Q4 revenue declined 56.6% to Rs 265 crore compared to Rs 611 crore last year
- EBITDA loss reduced to Rs 281 crore from Rs 695 crore in the previous financial year
Ola Electric Mobility Ltd. saw its net loss narrow to Rs 500, for its financial results of the fourth quarter of fiscal 2025-26, according to an exchange filing from the company on Wednesday.
The firm logged a net loss of Rs 870 crore in the year-ago period. The company's revenue saw a 56% year-on-year downturn to Rs 265 crore from Rs 611 crore in the preceding fiscal. The company's Ebitda (earnings before interest, taxes, depreciation and amortisation) saw a loss of Rs 281 crore narrowing from Rs 695 crore in the previous finanical year.
Ola Electric Q4FY26 Highlights (YoY)
- Net Loss At Rs. 500 crore Vs Loss Of Rs. 870 crore
- Revenue Down 56.6% At Rs. 265 crore Vs Rs. 611 crore
- Ebitda Loss At Rs. 281 crore Vs Loss Of Rs. 695 crore
The firm stated it saw its first operating cash flow positive quarter in the fourth quarter of fiscal 2026. Ola Electric's consolidated Cash Flow From Operations was Rs 91 crore, which was on the back of Production Linked Incentive (PLI) inflows, stronger gross margins, lower opex, and tighter working capital discipline, as per a press release from the company. The firm's Consolidated Free Cash Flow increased to Rs 131 crore.
Ola Electric Fiscal 2027 Outlook
The company plans to ramp up commercial manufacturing towards 6 GWH in financial year 2027. The company also expects revenue between Rs 500-Rs 550 crore in the first quarter of fiscal 2027. The firm expects orders between 40,000-45,000 units the aforementioned quarter.
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