Ola Electric Soars 18% On FY26 Guidance, Auto Segment’s EBITDA Profitability

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SUMMARY

Ola Electric stock surged 17.6% during intraday after the company reported improvement in its financials sequentially

The EV maker reported a net loss of INR 428 Cr in Q1 FY26 as against INR 347 Cr in the year ago period and INR 870 Cr in the last quarter

Ola Electric’s market capitalisation stood at INR 19,963 Cr with more than 42 Cr shares exchanged hands by 2:11 PM

Shares of Ola Electric climbed almost 18% after the company reported its financials for the first…



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Ola Electric Soars 18% On FY26 Guidance, Auto Segment’s EBITDA Profitability


SUMMARY

Ola Electric stock surged 17.6% during intraday after the company reported improvement in its financials sequentially

The EV maker reported a net loss of INR 428 Cr in Q1 FY26 as against INR 347 Cr in the year ago period and INR 870 Cr in the last quarter

Ola Electric’s market capitalisation stood at INR 19,963 Cr with more than 42 Cr shares exchanged hands by 2:11 PM

Shares of Ola Electric climbed almost 18% after the company reported its financials for the first…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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