Ola Electric slides 6% as Q4 revenue collapses 57% to ₹265 cr; first cash-positive quarter offers thin silver lining
Ola Electric's Q4FY26 print rattled investors as revenue cratered 57% YoY to ₹265 cr and net loss stayed wide at ₹500 cr. Gross margin expanded to 38.5% and CFO turned positive at ₹91 cr — the maiden operating-cash-positive quarter. Emkay reiterates 'sell' with a ₹25 target as Ather and TVS keep pressure on share.
Ola Electric shares fell 6% after Q4FY26 results showed revenue dropping 57% YoY to ₹265 cr, though net loss narrowed to ₹500 cr and gross margins hit 38.5%. Emkay maintains 'sell' with ₹25 target; first operating-cash-positive quarter.