India, Nov. 12 -- EV maker Ola Electric reported a 13% year-on-year (YoY) decline in its consolidated net loss to Rs.362 Cr in the September quarter (Q2 FY27), compared with Rs.418 Cr in the year-ago period. However, loss widened 8% sequentially from Rs.336 Cr.

Operating revenue declined 39% YoY to Rs.421 Cr from Rs.690 Cr in Q2 FY26. It also fell 7% sequentially from Rs.455 Cr in the preceding quarter.

Including other income of Rs.27 Cr, Ola Electric's total income stood at Rs.448 Cr, down 41% YoY from Rs.756 Cr in Q2 FY26. Sequentially, total income declined 7% from Rs.484 Cr.

On the expenses front, the EV maker reported a 28% YoY decline in total expenses to Rs.639 Cr from Rs.893 Cr. However, expenses rose 3% sequentially from Rs.62...