Loss Narrows 15% To INR 418 Cr, Auto Segment Turns EBITDA Positive

Ola Electric managed to trim its consolidated net loss by over 15% to INR 418 Cr in Q2 FY26 from INR 495 Cr in the same quarter last year, on improvement in margins

Sequentially, loss declined 2.3% from INR 428 Cr

Meanwhile, the company’s revenue from operations declined 43% YoY to INR 690 Cr during the quarter under review from INR 1,214 Cr in the second quarter of FY25

EV maker Ola Electric managed to trim its consolidated net loss by over 15% to INR 418 Cr in the second quarter of the ongoing fiscal year (Q2 FY26)…