Ola Electric Share Price Falls by 5.01% After Q2FY26 Revenue Declines 43.2% YoY

Bengaluru, November 6: Ola Electric share price is witnessing negative investor demand today, after the company recorded a fall of 43% in its revenue for the quarter ending September 30, 2025. As of 12:45 PM, Ola Electric’s share price was down by 5.01%, or 2.51 points, and was trading at ₹47.55. Until now, the shares of Ola Electric have traded within a range of ₹50.55 and ₹47.55. The traded volume for Ola Electric stock stood at 1.19 crore shares, with the company’s market cap at ₹22,081 crore. The shares have their 52-week high at ₹102.50 and their 52-week low at ₹39.60.

Ola Electric Share Price Falls After Weak Q2FY26 Financials

In the second quarter of FY26 (Q2 FY26), Ola Electric reported Revenue from Operations of ₹690 crore, which was a 43.2% decline compared to the same period last year. The company reported a loss of ₹418 crore. However, the loss was lower compared to the ₹495 crore loss in the same quarter last year.

The company’s Auto Segment’s performance achieved EBITDA break-even. It reported a ₹2 crore EBITDA compared to a ₹162 crore loss last year. Gross margin was 30.9%. It reported a 52% year-on-year fall in operating expenses.

Key business developments include commissioning 2.5 GWh of Gigafactory capacity and the first deliveries of EVs with the new Bharat 4680 battery cells. The company also announced that it is entering the residential energy storage market. It will launch ‘Ola Shakti’ for the entry. The company expects the product to generate ₹100 crore in revenue in Q4FY26 and ₹1,000–₹1,200 crore annually by FY27.

Investor Takeaway For Ola Electric

Ola Electric reported weak financials for Q2FY26, with a 43.2% decrease in its revenue and a loss of ₹418 crore. The weak financials are negatively affecting investor sentiment, and the share price is down by 5.01%. Investors would hope for the successful launch of ‘Ola Shakti’ and an increase in its revenue and a net profit in the next quarter.

REF: https://nsearchives.nseindia.com/corporate/OLAELECTRIC_06112025102100_Shareholders_Letter_OEM.pdf

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