Ola Electric revenue falls 39% as net loss narrows
In short
Ola Electric Mobility reported a 39% drop in revenue to ₹421 crore for Q2 FY27. Its net loss narrowed to ₹362 crore during the same period.
The company said dealer transition and supply constraints affected production, which matters because it hurt sales at the EV maker.
What the reporting says
Ola Electric Mobility reported a 39% fall in revenue to ₹421 crore for Q2 FY27, while net loss narrowed to ₹362 crore. The company said the results came amid dealer transition and supply constraints that hit production. The figures point to weaker sales but a smaller loss for the electric vehicle maker.
Why it matters
Ola Electric Mobility reported revenue of ₹421 crore for Q2 FY27, down 39%, while net loss narrowed to ₹362 crore. The company attributed the pressure to dealer transition and supply constraints that affected production. For investors and the EV market, the results show softer operating momentum even as losses reduced from prior levels.