Ola Electric Q4 FY26 Deliveries Drop 61% YoY

Ola Electric submitted its Q4 FY26 KPI Data Book to stock exchanges, showing a significant operational and financial decline.
Q4 FY26 automotive deliveries plummeted to 20,256 units, down 61% from Q4 FY25, while revenue fell 57% to ₹264 crore.
Despite a improved gross margin of 38.3%, the company reported a consolidated Operating EBITDA loss of ₹281 crore and a PAT loss of ₹500 crore.
The cell segment recorded minimal revenue of ₹4 crore and an Operating EBITDA loss of ₹36 crore for the quarter.