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Ola Electric Narrows Net Loss, Posts Rs 336 Crore Q1 Deficit

Ola Electric Narrows Net Loss, Posts Rs 336 Crore Q1 Deficit

Home/News/Ola Electric Narrows Net Loss, Posts Rs 336 Crore Q1 Deficit

Ola Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Improved market share, lower operating costs and progress in battery manufacturing supported the company's operational turnaround despite year-on-year revenue decline

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