Ola Electric Mobility Ltd (OLAELEC) — FY26 Annual Report | 8 September 2026 (2 announcements)

Ola Electric reported consolidated revenue of ₹2,460.49 crores for FY26 with a net loss of ₹2,276.03 crores and EPS of ₹-5.48, while standalone revenue reached [amount not verified]. Gross margin improved to 30.6%, and operating cash flow turned positive in Q4 FY26. The company operates five subsidiaries and has no associates or joint ventures. It faces significant risks from EV market competition and data security, with mitigation through R&D, ecosystem development, and brand building. Governance adheres to NGRBC principles under the Board, with ESG initiatives including renewable energy use and battery recycling. The filing also details intangible asset investments, including a ₹20 crore impairment on a four-wheeler project and ₹151 crores in deferred Tamil Nadu grants. Remuneration for directors includes sitting fees up to ₹0.12 crores per meeting, and proposed independent directors bring expertise in technology and strategic transformation.

Ola Electric reported a consolidated revenue of [amount not verified] for FY26, up from [amount not verified] previously, with a gross margin improvement to 30.6% in FY26 (Q4: 38.5%). Loss before tax narrowed to ₹2276 lakhs, and basic EPS stands at ₹-0.26. The company highlighted improved operating cash flow (negative ₹775 crore in FY26 vs. ₹-2391 crore in FY25) and reduced operating expenses. The AGM is scheduled for September 30, 2026, via video conference.