Ram Kumar 
Ola Electric Q1 FY26 Results
Ola Electric Mobility, led by Bhavish Aggarwal, posted a consolidated net loss of ₹428 crore for the first quarter of the financial year 2025-26 (April to June), marking a wider loss compared to ₹347 crore in the same quarter last year.
Revenue from Operations Falls Sharply
The electric vehicle maker witnessed a sharp 50% year-on-year (YoY) drop in its revenue from operations, which stood at ₹828 crore in Q1 FY26. This is a significant decline from the ₹1,644 crore it reported during the corresponding quarter in FY25. The dip comes amid slowing electric two-wheeler sales and growing competitive pressures in India’s EV sector.
EBITDA Loss Widens to ₹237 Crore
Ola Electric also reported an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) loss of ₹237 crore for the reporting quarter, higher than the ₹205 crore loss reported in Q1 FY25. The increase reflects rising input costs and investments in new manufacturing and R&D initiatives, which the company says are aimed at long-term scalability.
Ola Electric Shares Gain Despite Losses
Interestingly, despite the disappointing earnings, investor sentiment remained optimistic. Shares of Ola Electric surged over 5% on the National Stock Exchange, closing at ₹41.92 apiece. Market experts suggest the stock rally could be attributed to future expectations around Ola’s upcoming product launches and potential export plans.
Outlook and Industry Challenges
The Indian EV space remains promising but competitive. While Ola Electric continues to invest in expanding its product portfolio and charging infrastructure, challenges such as demand volatility, policy shifts, and cost pressures persist. Analysts will closely watch Ola’s performance in the coming quarters to assess its path to profitability.
Disclaimer:- The information presented in this article is based on publicly available financial disclosures and stock market data as of July 14, 2025. This article is for informational purposes only and does not constitute financial advice or a recommendation to invest in any company.
