Ola Electric FY26 Loss ₹1,833 Cr | Share Drops 29% | Q4 Loss ₹500 Cr Ola Electric, the electric vehicle company, reported its financial results for the fiscal year ending March 31, 2026, revealing a significant loss of ₹1,833 crore for the full year. The company also announced a sharp decline in its share price, dropping by 29% in a single year. The fourth quarter (Q4) of FY26 saw a loss of ₹500 crore, marking a notable shift in its financial trajectory. The company’s quarterly loss for March 2026 stood at ₹500 crore, a reduction of 42.5% compared to the same period in the previous fiscal year, which had recorded a loss of ₹870 crore. However, despite this improvement, the company’s financial position weakened compared to the previous quarter. The loss for the March quarter increased by 2.7% compared to the December quarter, which had reported a loss of ₹487 crore. Operational revenue for the March quarter dropped by 56.6% year-on-year, settling at ₹265 crore, down from ₹611 crore in the same period of the previous year. Total revenue for the quarter also fell sharply, declining by 58.2% to ₹304 crore from ₹728 crore in the corresponding quarter of FY25. Meanwhile, the company managed to cut its total expenses by 58.2%, with costs for the March quarter at ₹546 crore, compared to ₹1,306 crore in the same period last year. For the full fiscal year 2025-26, Ola Electric’s operational revenue fell by 50.1% year-on-year, dropping to ₹2,253 crore from ₹4,514 crore in FY25. However, the net loss for the full year was reduced to ₹1,833 crore, a 19.5% decrease from the previous year’s ₹2,276 crore. The company’s total expenses for the year also declined significantly, falling to ₹3,245 crore from ₹6,253 crore in FY25.#bengaluru #ola_electric #ola_future_factory #qualified_institutional_placement #qip
