Ola Electric Mobility Limited has released its key performance indicators for the fourth quarter and full financial year ending March 31, 2026. The report highlights operational metrics including 22,522 orders and 20,256 deliveries in Q4 FY26. While the company continues to scale its automotive and cell manufacturing segments, the consolidated financial data reflects the current investment phase in product development and infrastructure, with a Q4 FY26 PAT of ₹(500) crore.
Automotive Segment Performance
During Q4 FY26, the automotive segment reported revenue from operations of ₹264 crore. The segment demonstrated significant efficiency in margin management, achieving a Gross Margin of ₹101 crore, which represents a 38.3% gross margin as a percentage of revenue. Despite ongoing operational expenses of ₹270 crore, the company remains focused on optimizing its production capabilities for its electric vehicle portfolio.
Cell Segment and Strategic Initiatives
The company’s investment into the cell segment continued throughout the quarter. Revenue from operations for the cell segment reached ₹4 crore in Q4 FY26. Operating expenses were recorded at ₹33 crore, resulting in an operating EBITDA of ₹(36) crore. These figures underline the strategic long-term commitment to vertical integration and internal battery technology development.
Consolidated Financial Summary
On a consolidated basis, Ola Electric reported total revenue from operations of ₹265 crore for the final quarter of FY26. The consolidated gross margin stood at ₹102 crore, reflecting a margin percentage of 38.5%. The consolidated PAT for the quarter was ₹(500) crore, as the company maintains its growth trajectory and investment levels in its manufacturing ecosystem. Total annual deliveries for FY26 reflect the brand’s continued penetration in the electric two-wheeler market.
Source: BSE