Despite falling short of the previously cited breakeven threshold of 25,000 unit sales a month, the company’s auto business turned profitable at the Ebitda level in June.

(Reuters) -Indian electric two-wheeler maker Ola Electric reported a wider first-quarter loss on Monday, as its sales took a beating from heavy competition. The Bengaluru-based firm reported a loss of 4.

Ola Electric Mobility Ltd. reported first-quarter losses widened as revenue during the period halved, signaling continued pain for the Indian electric vehicle maker as it battles regulatory scrutiny and eroding market share.

Ola Electric shares extended their winning streak to the second straight session on Tuesday, July 15, even as the company reported a loss of ₹428 crore in the first quarter of the financial year 2025-26 (Q1FY26).

Net loss of the Bhavish Aggarwal-led company stood at Rs 428 crore during Q1, as compared with Rs 347 crore clocked in the year-ago period.

BENGALURU: Shares of Ola Electric surged 19.75% on Monday to close at Rs 47.66, even as the company reported a sharp year-on-year drop in revenue and a consolidated net loss of Rs 428 crore for the quarter ended June 30,

Results: The electric two-wheeler manufacturer Ola Electric on Monday, July 14, posted a wider consolidated net loss for the first quarter of the financial year 2025-26 (Q1 FY26) to ₹428 crore. The Bhavish Aggarwal-led company had posted a net loss of ₹347 crore in the same period a year ago.