Ola Electric Q1 FY26: Stunning 50% Revenue Drop Sparks Concern
Bengaluru, India – July 14, 2025: Ola Electric reported a sharp 49.6% year-on-year drop in Q1 FY26 revenue to ₹828 crore, down from ₹1,644 crore in the same quarter last year. Its consolidated net loss widened by 23.3% to ₹428 crore, driven by a steep fall in vehicle deliveries, which dropped to 68,192 units from…