Ola Electric's shares fell following its March quarter results, which showed a Rs 500 crore net loss and revenue decline, though the company reached positive operating cash flow for the first time and expects improved order volumes next quarter with a path to EBITDA positivity by FY27.

Shares of Ola Electric tumbled after weak fourth-quarter results, with revenue dropping 57% year-over-year and competition from rivals Ather and TVS intensifying. A brokerage firm maintained a Sell rating and cut its price target, signaling limited near-term recovery prospects.