Loss Widens 23% YoY To INR 428 Cr

While Ola Electric’s loss jumped YoY, the company managed to trim down the net loss sequentially by almost 50% from INR 870

Its revenue from operation also dropped nearly 50% to INR 828 Cr in the quarter under review from INR 1,644 Cr in Q1 FY25

Sequentially, the revenue from operations jumped 35.5%

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…