Ola Electric Quarter 1 Results: The results of the first quarter of the financial year 2026 of Ola Electric, the manufacturer of electric vehicles, came on Monday 14 July 2025. On the one hand, while its deficit increased, on the other hand, due to tremendous selling in its stock, the stocks jumped up to 16 percent. The first quarter ended in June (April-June 20260, the net loss of Ola Electric increased to Rs 428 crore, which was a loss of Rs 347 crore a year ago.
Company increased quarterly deficit
The company’s June quarter revival has also decreased by 50 percent and it was Rs 828 crore, which was Rs 1,644 crore a year ago. Ola Electric has issued its income statement and estimated to remain between 4200 crore to 4700 crore during the financial year 2026. If this happens, the financial year can stay in growth positive in 2026 as compared to 2025.
The company has estimated its volume to be close to 3.25 lakhs to 3.75 lakh units, while the average margin can live between 35 percent to 40 percent. Based on the adjustment, the loss of Ola Electric Ebitda was Rs 237 crore, which was Rs 205 crore last year.
Decreased losses compared to last financial year
However, when comparing the result of the June quarter of Ola Electric with the quarterly results of March this year, its deficit has come down. In the March quarter, the company’s loss was worth Rs 870 crore. The company’s revision was Rs 611 crore in the March quarter, which is Rs 828 crore during the June quarter. Ola Electric said that the auto business also came into positive on the basis of Ebitda during the June quarter.
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