Ola Electric Q1 Results Show Widening Losses and 50% Revenue Drop
We begin with the headline numbers: Ola Electric reported a ₹428 crore net loss in Q1 FY26, up 23% from last year’s ₹347 crore . Revenue also took a major hit, sliding nearly 50% to ₹828 crore, down from ₹1,644 crore in the same quarter last year. Despite these challenges, we see a bright spot. The company narrowed its loss…