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Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoY

Posted on August 7, 2026
By Business News Today
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Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoY

Ola Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Improved market share, lower operating costs and progress in battery manufacturing supported the company's operational turnaround despite year-on-year revenue decline.