Ola Electric Q4: Loss Declines 43% YoY To ₹500 Cr, Revenue Plummets 57%

Ola Electric Cuts Quarterly Loss as Cost Controls Ease Pressure

Ola Electric Mobility reported a narrower quarterly loss as the company reduced operating costs amid intense competition in India’s fast-growing electric two-wheeler market. The SoftBank-backed EV maker posted a net loss of 5 billion rupees for the January–March quarter, compared to 8.7 billion rupees a year earlier. The improvement came despite a sharp decline in delivery volumes, which fell more than 60% year-on-year to 20,256 units. The compa…

Ola Electric Q4 loss widens sequentially to Rs 500 crore

Mumbai, May 20 (IANS) Ola Electric Mobility Limited on Wednesday reported a sequential increase in net loss for the March quarter (Q4 FY26) as the EV-maker posted a consolidated net… Continue reading Ola Electric Q4 loss widens sequentially to Rs 500 crore The post Ola Electric Q4 loss widens sequentially to Rs 500 crore first appeared on Australia India News.

Ola Electric Q4: Loss Declines 43% YoY To ₹500 Cr, Revenue Plummets 57%

Ola Electric managed to trim its consolidated net loss in Q4 FY26 by 43% to ₹500 Cr from ₹870 Cr in the year-ago quarter.