on Thursday reported a narrower consolidated net loss of Rs 418 crore for the July–September quarter (Q2 FY26), compared with a loss of Rs 495 crore in the same period last year. However, the company's revenue from operations declined 43 per cent year-on-year (YoY) to Rs 690 crore from Rs 1,214 crore in Q2 FY25. Advertisement

The electric vehicle (EV) maker said its auto business turned profitable during the quarter, with gross margins expanding to 30.7 per cent. Ola Electric also noted that the auto segment became cash-generative, recording cash flow from operations of Rs 15 crore, although the reported figure stood at a negative Rs 40 crore due to a one-time festive inventory build-up.

During the quarter, the company launched Ola Shakti, India's first residential Battery Energy Storag

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