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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
  • 0 Views
  • 1 min read
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Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoY
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.
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Business News Today

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