Ola Electric’s loss increased 17% from ₹418 Cr sequentially

The company’s operating revenue plunged 55% YoY and 32% QoQ to ₹470 Cr

Total expenses also halved YoY to INR 741 Cr

EV major Ola Electric managed to trim its net loss for the December 2025 quarter (Q3 FY26) by 14% to ₹487 Cr from ₹564 Cr in the year-ago quarter. However, loss increased 17% from ₹418 Cr sequentially.

The decline in the loss came at the cost of its top line. The company’s operating revenue plunged 55% YoY and 32% QoQ to ₹470 Cr. Including other income of ₹33 Cr, total income for the quarter stood at ₹504 Cr.

Total expenses also halved YoY to INR 741 Cr.

(The story will be updated shortly.)