Ola Electric Q3 Revenue Plunges 55% YoY to Rs 470 Cr; Net Loss Narrows to Rs 487 Cr

• Ola Electric's Q3 FY26 revenue from operations fell 55% year-on-year to Rs 470 crore.
• Deliveries declined 61% year-on-year to 32,680 units in Q3 FY26.
• Consolidated net loss narrowed 13.7% year-on-year to Rs 487 crore, despite a sequential increase.
• Adjusted operating EBITDA loss narrowed 34.6% year-on-year to Rs 323 crore.
• Consolidated gross margin improved to 34.3% in Q3 FY26, up 15.7 percentage points year-on-year.