Ola Electric reported audited FY26 consolidated net loss of ₹1,833 crore with revenue of ₹2,253 crore, citing negative operating cash flows and going concern assessment.
The Board approved Q4 and FY26 results, noting management's reliance on IPO proceeds reallocation and a planned QIP to address liquidity concerns.
Auditors issued unmodified opinions but emphasized management's going concern assessment based on cash flow projections and future funding plans.
The company disclosed regulatory queries from SEBI regarding vehicle sales data and ongoing assessments of new labour codes and environmental regulations.