Ola Electric sees sharp 50% fall in Q1 FY26 revenue, losses up 23%

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Ola Electric’s revenue continues its downward spiral with yet another sharp drop in the latest quarter. The EV maker’s topline shrank by nearly 50% year-on-year during the first quarter of FY26. At the same time, the Bengaluru-based firm’s losses widened by 23.3%.

Ola Electric’s revenue from operations reduced to 828 crore in Q1 FY26, compared to Rs 1,644 crore in the previous year of the same quarter,  its consolidated…



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Ola Electric sees sharp 50% fall in Q1 FY26 revenue, losses up 23%


Ola Electric’s revenue continues its downward spiral with yet another sharp drop in the latest quarter. The EV maker’s topline shrank by nearly 50% year-on-year during the first quarter of FY26. At the same time, the Bengaluru-based firm’s losses widened by 23.3%.

Ola Electric’s revenue from operations reduced to 828 crore in Q1 FY26, compared to Rs 1,644 crore in the previous year of the same quarter,  its consolidated…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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