NEW Delhi, May 31 -- Ola Electric's investors' rush to sell their stake in the company led to a nearly Rs.1,000 crore loss in its valuation on the stock markets on Friday. Company's shares tumbled 4.2%, trading at Rs.50.96 per share on Friday, as revenue from operations slid more than 60% to Rs.611 crore and net loss more than doubled to Rs.870 crore during the January to March period. For the full financial year, the company's total loss was at Rs.2,276 crore, and last year the loss was Rs.1,584 crore. Notably, it was the first time during a quarter that revenue from operations of the leading e-scooter player fell below Ather Energy, which ranked fourth in the total electric scooter sales hierarchy. The revenue fall was due to a decline in total registered sales to 56,642 from 120,132 electric scooters. "The one-time factors led revenue to be what it was for last year and the last quarter. We have now shifted our registration process in- house, which has significantly reduced the time between accepting registrations and selling and invoicing. We're also taking a company-wide cost reduction project, and in Q1 FY26, we'll see the impact of that," Ola Electric's founder and managing director, Bhavish Aggarwal, said during the earnings call on 29 May. Falling sales in the last few quarters may have weighed on institutional investors. Since the company went public in 2024, institutional investors' stakes in the company have been falling. Foreign and domestic institutional investors have reduced their stake from a combined 9.3% to 5.8% shareholding. At the end of 31 March 2025, the promoter's stake in the company stood at 36.78%, while the public investor's share increased by nearly 1% to 52.14%. "We expect Ebitda losses to continue amid weakening brand equity and increased competitive intensity. Ola Electric's future hinges on scaling up volumes and a successful motorcycle foray, which faces executive and credibility challenges," Rishi Vora of Kotak Institutional Equities wrote in a 30 May note....