New Delhi: Bhavish Aggarwal-run Ola Electric Mobility Ltd reported a consolidated net loss of Rs 418 crore for the July-September period (Q2 FY26), its exchange filing said on Thursday, as revenue slipped.

Revenue from operations dropped 43 per cent year-on-year to Rs 690 crore in Q2 FY26, down from Rs 1,214 crore in Q2 FY25, indicating a substantial decline in sales for the quarter.

However, the electric two-wheeler maker’s operating EBITDA loss narrowed to Rs 203 crore during the quarter from Rs 379 crore a year earlier, indicating improved cost efficiency.

The company’s auto segment delivered an EBITDA margin at 0.3 per cent by reducing Auto operating expense from Rs 308 crore to Rs 258 crore (on-quarter), the release said.

After the announcements of the results, Ola Electric’s sto

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