Ola Electric trims Q4 loss 42% to ₹500 cr as revenue collapses 56% in reset year
Q4FY26 net loss narrowed to ₹500 cr on aggressive cost cuts (opex ₹428 cr vs ₹844 cr YoY), but revenue plunged 56% to ₹265 cr. April registrations rebounded 20% MoM to 12,166 units; management guides Q1FY27 orders of 40-45k and targets EBITDA positivity in FY27.
What happened
Ola Electric narrowed Q4FY26 losses 42% to ₹500 cr but revenue fell 56% to ₹265 cr amid a reset year. April registrations rose 20% MoM; company guides Q1FY27
Key facts
- net loss ₹500 cr (-42% YoY)
- revenue ₹265 cr (-56% YoY)
- April registrations 12,166 units (+20% MoM)
- Q1FY27 order guidance 40,000-45,000 units
- Q4 opex ₹428 cr vs ₹844 cr YoY
- target opex ~₹350 cr
Why this matters
Ola Electric's deliberate volume reset and shrinking topline open a window for competitors to consolidate share and for strategic partners or acquirers to engage from a position of leverage before the FY27 EBITDA inflection re-rates the asset.