Ola Electric Mobility Limited has informed the Exchange regarding a press release dated May 20, 2026, titled "Ola Electric Announces Q4 and FY26 Results: Turns Operating Cash Flow Positive, Expects Q1 Orders to Double to Nearly 45,000 Units".
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Ola Electric reported its first operating cash flow positive quarter in Q4 FY26 with consolidated CFO of ₹91 Cr, a significant milestone for the company. Consolidated gross margin expanded sharply to 38.5% in Q4 FY26 from just 13.7% in Q4 FY25 and 34.3% in Q3 FY26, driven by vertical integration and platform maturity. Q4 FY26 revenue was ₹265 Cr with 20,256 units delivered. April registrations rose 20% month-on-month to 12,166 units even as the broader E2W industry declined over 22%, indicating sales recovery as service issues stabilized. The Gigafactory has 2.5 GWh operational capacity with 6 GWh installation largely complete. The company expects Q1 FY27 orders to nearly double to ~45,000 units.
The first operating cash flow positive quarter and strong margin expansion signal the reset year is working, with the company moving toward Adjusted EBITDA and FCF positivity in FY27 as volumes recover.