<ul data-eligibleForWebStory="false"><li>Ola Electric's shares surged nearly 18% after reporting its financials for Q1 FY26, with the stock spiking despite a widened net loss.</li><li>The company narrowed its loss sequentially and witnessed a decline in revenue in Q1 FY26, but showed growth compared to the previous quarter.</li><li>The increase in share price was attributed to the auto business turning EBITDA positive, as seen in June 2025.</li><li>Ola Electric anticipates selling 3,25,000 - 3,75,000 vehicles in FY26 and expects its auto business to remain EBITDA positive starting from Q2.</li></ul>

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

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