New Delhi, July 14 -- 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 Rs.428 crore. The Bhavish Aggarwal-led company had posted a net loss of Rs.347 crore in the same period a year ago.

However, on a quarter-on-quarter (QoQ) basis, the loss narrowed from Rs.870 crore posted at the end of the March quarter of FY25.

The consolidated revenue from operations plunged 49.6% year-on-year (YoY) to Rs.828 crore during the June quarter, as its sales took a beating from heavy competition. Ola has reported a revenue of Rs.1,644 crore in the same period last fiscal year.

On the operating level, the EBITDA loss for Ola Electri...