Ola Electric's Rs 57-crore provision reversal makes investors jittery

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finance

11 August 2026 at 6:15 pm

Ola Electric's Rs 57-crore provision reversal makes investors jittery

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Summary

Ola Electric's shares are causing investor jitters due to a Rs 57-crore provision reversal, which helped narrow its Q1 loss to Rs 336 crore, but without it, the loss would have been nearly Rs 393 crore.

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