Quarterly Updates20 May 2026, 03:31 pm
Ola Electric: Gross Margin Reaches 38.5% in Q4 FY26
AI Summary
Ola Electric Mobility Ltd. reported a reset year in FY26, focusing on strengthening business fundamentals. Q4 FY26 marked a low volume quarter but showed positive results, including a gross margin of 38.5%, reduced operating expenses and cash burn, stabilized service, and sales recovery. Consolidated CFO was ₹91 crore, and Auto delivered ₹213 crore CFO. The company is focused on scaling the Gigafactory and building its energy storage business in FY27.
Key Highlights
- Ola Electric's gross margin reached 38.5% in Q4 FY26.
- Q4 FY26 was the first operating cash-flow positive quarter.
- Auto segment delivered ₹213 crore CFO and ₹173 crore FCF in Q4.
- Warranty costs decreased significantly to ₹59 crore in FY26 from ₹555 crore in FY25.
- FY27 priorities include sustaining service consistency and scaling Gigafactory.
Price Impact
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