Ola Electric reports record-low quarterly revenue amid store closures, layoffs

The company saw its losses narrow slightly to ₹487 crore in the third quarter of the financial year 2026, from ₹564 crore in the year-ago period, while its revenue fell 57% to ₹504 crore amid dwindling sales.

Ola Electric reports record-low quarterly revenue amid store closures, layoffs
The company saw its losses narrow slightly to ₹487 crore in the third quarter of the financial year 2026, from ₹564 crore in the year-ago period, while its revenue fell 57% to ₹504 crore amid dwindling sales.

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