India, Nov. 13 -- Ola Electric's Revenue Dips In Q2

Ola Electric's Q2 FY27 performance told a tale of two extremes. While revenues continued to decline and cash burn persisted, aggressive cost discipline helped narrow some of the losses. With supply chain woes worsening, did Ola Electric pay the price for its past mistakes in Q2?

Here is a quick look at Ola Electric's Q2 FY27 numbers:

Operating revenue tanked 39% YoY to Rs.421 Cr

Consolidated net loss narrowed 13% YoY to Rs.362 Cr

Total expenses declined 28% YoY to Rs.639 Cr

Operating EBITDA loss rose 7% YoY to Rs.218 Cr, while gross margin tanked 100 bps YoY to 29.9%

Supply Woes Bite: The EV maker's Q2 performance was defined by supply chain constraints, with component and charger...