India's Ola Electric (OLAE.NS) on Friday reported a narrower first-quarter loss, as higher electric two-wheeler sales and lower operating expenses helped offset a challenging commodity environment.
The company posted a net loss of 3.36 billion Indian rupees ($35.29 million)in the quarter ended June 31, compared to a loss of 4.28 billion rupees a year earlier.
($1 = 95.2075 Indian rupees)
