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

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SUMMARY

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)…



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


SUMMARY

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)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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