Ola Electric Posts ₹8.28 Billion in Q1 Revenue, But Losses Widen to ₹4.28 Billion

Ola Electric Mobility Ltd has released its consolidated financial results for the first quarter of FY26, revealing a mixed performance. While revenue from operations reached ₹8.28 billion, the company reported a net loss of ₹4.28 billion, reflecting the challenges of scaling in India’s competitive EV market.

 

Key Highlights

Revenue Drivers

Cost Pressures and Losses

Strategic Outlook

Despite the widening loss, Ola Electric’s revenue growth signals strong consumer interest and market potential.

 

Sources: Moneycontrol, Economic Times, Business Standard, BSE India, Ola Electric Investor Relations