Thursday, 6 November, 2025
Ola Electric Narrows Loss to ₹418 Crore Despite 43% Revenue Drop
Ola Electric's Q2 FY26 consolidated net loss narrowed to ₹418 crore, a reduction from ₹495 crore year-on-year. However, revenue plunged 43% to ₹690 crore amid declining sales. The company's auto business achieved a positive EBITDA for the first time, reflecting a strategic focus on cost control and improved gross margins.
Read full story at Economic Times