Ola Consumer flips cash-flow positive as Rapido, Uber India bleed ₹100 cr a month
Ola Consumer hit free cash-flow positive in Q4 FY26 and is guiding to EBITDA breakeven by FY27, posting FY25 revenue of ₹1,171 cr ahead of Rapido's ₹934 cr. Rivals Rapido and Uber India are each burning upwards of ₹100 cr monthly, with Uber India booking a ₹1,401 cr loss.
What happened
Ola Consumer turned free cash-flow positive in Q4 FY26 and projects EBITDA breakeven in FY27, with FY25 revenue of Rs 1,171 crore outpacing Rapido, while rivals
Key facts
- Rs 1,171 crore FY25 revenue
- Rs 934 crore Rapido revenue
- Rs 250-300 crore net revenue
- Rs 80-100 crore monthly burn Rapido
- Rs 1,401 crore Uber India loss
Why this matters
Rapido and Uber India's ₹100 cr/month burn rates create a window for opportunistic consolidation or talent acquisition as runway pressures mount.