Ola Electric Q4: Loss Declines 43% YoY To Rs.500 Cr, Revenue Plummets 57%
India, May 20 -- EV company Ola Electric managed to trim its consolidated net loss in the fourth quarter of FY26 (Q4 FY26) by 43% to Rs.500 Cr from Rs.870 Cr in the year-ago quarter. However, on a sequential basis, the company's loss increased 3% from Rs.487 Cr.
Operating revenue slumped 57% YoY and 44% QoQ to Rs.265 Cr. Including other income of Rs.39 Cr, the company's total income for the quarter stood at Rs.304 Cr.
Meanwhile, total expenses for the quarter declined by 57% YoY to Rs.546 Cr.
For the full FY26, Ola Electric's net loss shrunk about 20% to Rs.1,833 Cr from Rs.2,276 Cr. Operating revenue halved to Rs.2,253 Cr from Rs.4,514 Cr in FY25.
(The story will be updated soon)
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