Mumbai, July 14 -- Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY25.

Year on year basis, the company's consolidated net loss widened from Rs 347 crore while revenue from operations fell by 49.64% in Q1 FY26.

Pre-tax loss stood at Rs 428 crore in Q1 FY26 compared with pre-tax loss of Rs 324 crore in Q1 FY25.

The company reported negative EBITDA of Rs 237 crore in Q1 FY26, higher than the negative EBITDA of Rs 205 crore recorded in Q1 FY25.

Deliveries declined 45.53% to 68,192 units in Q1 FY26 from 1,25,198 units in Q1 FY25.

In auto segment, gross margin (GM) was 25.6% despite PLI contribution being only 1.8% as Gen 3 scooters and bikes will get certification in Q2 and Q3 respectively. The company aims to achieve a ...