Ola Electric reported a narrower consolidated net loss of ₹418 crore for Q2 FY26

reported a narrower consolidated net loss of ₹418 crore for Q2 FY26, improving from a loss of ₹495 crore in the same period last year. However, the company’s revenue from operations declined 43% year-on-year to ₹690 crore, impacted by reduced vehicle sales. Ola Electric’s automotive segment turned cash-positive for the quarter, generating an underlying operating cash flow of ₹15 crore despite an overall negative cash flow of ₹40 crore due to one-time festive inventory build-up. Gross margins for the auto segment expanded to 30.7%, supported by vertical integration and operational efficiencies.