SynopsisThe Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year (YoY) to Rs 265 crore from Rs 611 crore a year earlier, according to the company’s filing.AgenciesElectric two-wheeler maker Ola Electric on Wednesday reported a consolidated net loss of Rs 500 crore for the fourth quarter ended March 2026, narrowing 42.5% from Rs 870 crore in the year-ago period, aided by lower expenses. In Q3, the company had reported a loss of Rs 487 crore.The Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year (YoY) to Rs 265 crore from Rs 611 crore a year earlier, according to the company’s filing.“We are working towards rebuilding national market share to 15–20% over the next six months,” Aggarwal wrote on X after the company announced its results.For the full financial year FY26, the company posted a consolidated net loss of Rs 1,833 crore compared with Rs 2,276 crore in FY25. Revenue from operations fell sharply to Rs 2,253 crore from Rs 4,514 crore a year ago.The company said it continues to face pressure from lower-than-expected sales growth and operating losses. Ola Electric also said it is in the process of raising fresh equity capital through a qualified institutional placement (QIP) to strengthen liquidity and support capital expenditure and working capital needs. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now