Ola Electric Q2 Results: Cons loss narrows to Rs 418 crore YoY, revenue plunges 43%

Electric vehicle manufacturer Ola Electric Mobility on Thursday said its consolidated loss attributable in the second quarter ended September 2025 narrowed to Rs 418 crore, compared to a loss of Rs 495 crore in the year-ago period.

The company said its consolidated total revenue from operations for the second quarter of FY26 stood at Rs 690 crore, reflecting a 43% year-on-year (YoY) decline compared to Rs 1,214 crore reported in the September 2024 quarter.

Auto business turns EBITDA positive

Ola Electric said it achieved Auto EBITDA profitability for…