Ola Electric revenue falls 46% in Q2 FY26; controls losses

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Ola Electric’s revenue continues its downward spiral with yet another sharp drop in the latest quarter. The EV maker’s revenue shrank by 47% year-on-year during the second quarter of FY26. At the same time, the Bengaluru-based firm’s losses widened by 23.3%.

Ola Electric’s revenue from operations reduced to 660 crore in Q2 FY26, compared to Rs 1,214 crore in the previous year of the same quarter, its consolidated financial statements sourced from the National Stock Exchange (NSE) show.

OLA Financial-01

Electric scooter sales remained the primary revenue driver…



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Ola Electric revenue falls 46% in Q2 FY26; controls losses


Ola Electric’s revenue continues its downward spiral with yet another sharp drop in the latest quarter. The EV maker’s revenue shrank by 47% year-on-year during the second quarter of FY26. At the same time, the Bengaluru-based firm’s losses widened by 23.3%.

Ola Electric’s revenue from operations reduced to 660 crore in Q2 FY26, compared to Rs 1,214 crore in the previous year of the same quarter, its consolidated financial statements sourced from the National Stock Exchange (NSE) show.

OLA Financial-01

Electric scooter sales remained the primary revenue driver…



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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