Tata Motors reported a record Q4 FY26 for its standalone business with revenue up 22% to ₹24.5K cr and EBITDA rising 35% to ₹3.4K cr, taking margins into the “teens.” Full-year revenue grew 11% with stronger EBITDA and ROCE, while free cash flow climbed. Consolidated results stay net cash positive, and the Iveco acquisition inches toward Q2 FY27 amid exceptional-item pressure on profits.
Ola Consumer has turned free cash flow positive in H2 FY26, signaling a sharp turnaround after a year of restructuring. The cab aggregator moved to a zero-commission driver subscription model and shifted toward higher-margin revenue streams. The improvement comes even as competition intensifies, highlighting the resilience of its new business structure.
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