Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoY

Ola Electric reported a Q1 loss of Rs 336 crore, while revenue fell 45% year-on-year to Rs 455 crore. The company said it streamlined operations and lowered costs after its FY26 reset. Deliveries nearly doubled from the previous quarter, and market share improved to 8.4% as many customers bought their scooters.