Ola Electric Q4 2026 Results: PAT Falls 42% Yo, Revenue Falls 57% YoY
Ola Electric reported a sharp fall in Q4 FY26 revenue amid weak vehicle sales, while losses narrowed due to lower operating expenses and improved cash outflow.
Quick Summary
Ola Electric Q4 2026 Results: Ola Electric reported consolidated revenue from operations of ₹265 crore in Q4 FY26, down 56.63% YoY and 43.62% QoQ. Net loss narrowed to ₹500 crore from ₹870 crore a year ago, while total income came in at ₹304 crore.
Ola Electric Q4 2026 Results: On 20 May 2026, Ola Electric Mobility reported a sharp decline in revenue for the March quarter, while its losses narrowed on a year-on-year basis due to lower expenses and operational adjustments. The company posted a consolidated net loss of ₹500 crore for the quarter, compared to a loss of ₹870 crore in Q4 FY25.
On the 21st, the share price of Ola fell by ~5% after the markets reacted to the results.
Ola Electric Q4 2026 Results Highlights
Here are the highlights of OLA Q4 results:
|
Metric |
Q4 FY26 |
Q3 FY26 |
QoQ % |
Q4 FY25 |
YoY % |
|
Revenue from Ops (₹ Cr) |
265 |
470 |
-43.62% |
611 |
-56.63% |
|
Total Income (₹ Cr) |
304 |
504 |
-39.68% |
728 |
-58.24% |
|
EBITDA (₹ Cr) |
-281 |
-271 |
-3.69% |
-695 |
59.57% |
|
Net Profit (₹ Cr) |
-500 |
-487 |
-2.67% |
-870 |
42.53% |
Source: NSE filing, Ola Electric FY26 Consolidated Annual Results
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The company’s consolidated revenue from operations stood at ₹265 crore in Q4 FY26, compared to ₹611 crore in Q4 FY25 and ₹470 crore in Q3 FY26. Revenue declined 56.63% year-on-year and 43.62% from last quarter.
-
Total income for the quarter came in at ₹304 crore, down 58.24% from ₹728 crore in the year-ago quarter and lower by 39.68% from Q3 FY26. Other income stood at ₹39 crore during the quarter.
-
The company’s EBITDA loss stood at ₹281 crore in Q4 FY26, compared to an EBITDA loss of ₹695 crore in Q4 FY25. EBITDA loss widened slightly from ₹271 crore in Q3 FY26.
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Ola Electric reported a consolidated net loss of ₹500 crore for the quarter, compared to a loss of ₹870 crore in Q4 FY25, losses widened marginally from ₹487 crore in Q3 FY26.
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The company said it is evaluating additional fundraising through a proposed Qualified Institutional Placement (QIP) to strengthen liquidity and support capital expenditure and working capital requirements.
Ola Electric Segment-wise Revenue
The March quarter remained weak for Ola Electric as vehicle sales slowed sharply. The automotive segment remained the largest contributor to revenue, while the cell business continued to remain small in scale.
|
Segment |
Q4 FY26 (₹ Cr) |
Q4 FY25 (₹ Cr) |
YoY % |
|
Automotive Revenue |
264. |
611 |
-56.79% |
|
Cell Revenue |
4 |
4 |
Flat |
Source: NSE filing, Ola Electric FY26 Consolidated Annual Results
Ola Electric Full-Year Performance Remained Weak
During FY26, Ola Electric generated consolidated revenue from operations of ₹2,253 crore, down from ₹4,514 crore in FY25. Net loss for the full year narrowed to ₹1,833 crore against ₹2,276 crore in the previous year. Operating cash outflow improved to ₹775 crore from ₹2,391 crore in FY25.
|
Metric |
FY26 |
FY25 |
YoY Change |
|
Consolidated Revenue (₹ Cr) |
2,253 |
4,514 |
-50.09% |
|
Consolidated Net Profit (₹ Cr) |
-1,833 |
-2,276 |
Improved |
|
Operating Cash Flow (₹ Cr) |
-775 |
-2,391 |
Improved |
Source: NSE filing, Ola Electric FY26 Consolidated Annual Results
Ola Electric Share Price Today
As of 20 May, 3.30 PM
Explore the full report on Ola Electric stock movement
Ola Electric shares were trading nearly 2% higher during the morning session on 20 May ahead of the Q4 FY26 results announcement. However, after the results, the stock erased gains and closed 0.22% lower compared to Tuesday’s closing price. On a year-to-date (YTD) basis, Ola Electric shares are down nearly 2%. Over the one year from 20 May 2025 to 20 May 2026, the stock has declined by around 28%.