Ola Consumer turns cash-flow positive as Rapido, Uber India burn ₹80-100 crore a month
Ola Consumer hit free cash-flow positivity and profitability in FY26, posting ₹1,171 crore FY25 revenue versus Rapido's ₹934 crore. Rivals are bleeding: Rapido burns ₹80-100 crore monthly, Uber India booked a ₹1,401 crore FY25 loss on just ₹88 crore revenue as the ride-hailing share war intensifies.
What happened
Ola Consumer turned free cash-flow positive and hit profitability in FY26, with Rs 1,171 crore FY25 revenue beating Rapido's Rs 934 crore, while Rapido and Uber
Key facts
- Rs 1,171 crore FY25 revenue
- Rapido Rs 934 crore
- Ola net revenue Rs 250-300 crore/quarter
- Rapido Rs 40-45 crore
- Uber Rs 35-40 crore
- Rapido burn Rs 80-100 crore/month
- Uber India loss Rs 1,401 crore FY25
- Uber India revenue Rs 88 crore
Why this matters
The widening cash-burn gap creates a window to pick off distressed mobility assets or strike bolt-on partnerships as Rapido and Uber India face mounting pressure to rationalize their India strategies.