EV company Ola Electric managed to trim its consolidated net loss in the fourth quarter of FY26 (Q4 FY26) by 43% to ₹500 Cr from ₹870 Cr in the year-ago quarter. However, on a sequential basis, the company’s loss increased 3% from ₹487 Cr.
Operating revenue slumped 57% YoY and 44% QoQ to ₹265 Cr. Including other income of ₹39 Cr, the company’s total income for the quarter stood at ₹304 Cr.
Meanwhile, total expenses for the quarter declined by 57% YoY to ₹546 Cr.
(The story will be updated soon)
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