Ola Electric narrows Q1 loss to Rs 336 crore, revenue plunges 45%

Ola Electric trimmed its net loss by 22% year-on-year to Rs 336 crore in Q1 FY27, though revenue from operations fell 45% to Rs 455 crore, per ET Tech. The loss narrowing is masking a demand cliff—builders in EV support services should read this as a supply chain stress signal, not a growth story. Watch for consolidation in the EV supply chain.

Source: Inc42 ↗