Ola Electric Share Price Falls 2.84% as Q2FY26 Revenue Declines 43% YoY

Bengaluru, November 7: Ola Electric’s share price is witnessing negative investor demand today, after the company reported a decline in its Q2FY26 revenue by 43% YoY. As of 1:00 PM, Ola Electric’s share price was down by 2.84%, or 1.35 points, and was trading at ₹46.22. Until now, the shares of Ola Electric have traded within a range of ₹47.39 and ₹45.50. The traded volume stood at 97.98 lakh shares, with the company’s market cap at ₹20,982 crore. The stock of Ola Electric has its 52-week high at ₹102.50 and its 52-week low at ₹39.60.

Shares Fall After Weak Q2FY26 Financial Results

The company’s revenue from operations fell 43% year-on-year to ₹690 crore, and its consolidated net loss narrowed only slightly to ₹418 crore. However, the Auto EBITDA segment turned positive for the first time, reporting ₹2 crore.

Investor Takeaway for Ola Electric Mobility

Ola Electric Mobility reported disappointing results for the quarter ended September 30. Revenue declined sharply by 43%, while the company continued to post a significant net loss. These weak financials have dampened investor sentiment, leading to a drop in the stock price today.

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