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

Share via:



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…



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.

Popular

More Like this

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…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

With Nvidia’s second-best AI chips headed for China, the...

This week, US President Donald Trump approved previously...

Ola Electric commences Hyperdelivery for its 4680 Bharat Cell-powered...

Ola Electric on Sunday said it has commenced...

Hit Apple TV thriller from Slow Horses author lands...

Hit Apple TV thriller Down Cemetery Road just...

Popular