Ola Electric Q1: Loss Widens 23% YoY To INR 428 Cr

Bhavish Aggarwal-led Ola Electric’s consolidated net loss widened to INR 428 Cr in the first quarter of the financial year 2025-26 (FY26) up 23.3% from INR 347 Cr reported during the same period last year.

On a quarterly basis, however, the loss nearly halved (50.8%) from INR 870 Cr reported during the January-March quarter.

Consolidated revenue from operations also dropped nearly 50% to INR 828 Cr in the quarter under review from INR 1,644 Cr in the same quarter last year. Sequentially, revenue jumped 35.5% from INR 611 Cr.

(The story will be updated soon)

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