Ola Electric Q4 results: Net loss narrows to Rs 500 crore, revenue drops 57%

Ola Electric reported a narrower loss for the March quarter, even as revenue declined sharply amid slower sales and rising competition in the EV market.

the electric two-wheeler maker announced a consolidated net loss of Rs 500 crore for Q4 FY26, compared to a loss of Rs 870 crore in the same period last year.

Revenue from operations fell 56.62 per cent year-on-year to Rs 265 crore in the quarter, from Rs 611 crore a year ago, according to the company’s earnings update released on Wednesday.