Ola Electric slumps 5% as Q4 revenue craters 56.6%, though net loss narrows and cash flow turns positive
Ola Electric posted a Rs 500 cr net loss in Q4FY26, narrower than Rs 870 cr YoY, but revenue collapsed 56.6% to Rs 265 cr and EBITDA loss stood at Rs 281 cr. The company logged its first operating-cash-flow-positive quarter at Rs 91 cr. Citi raised its target to Rs 26 from Rs 22 but maintains Sell.
Ola Electric Q4FY26 net loss narrowed to Rs 500 cr but revenue fell 56.6% to Rs 265 cr; shares slumped 5%. First operating cash flow positive quarter; management cites order backlog and plans new product launches. Citi raised target to Rs 26, maintains Sell.