New Delhi, Feb. 18 -- Ola Electric Mobility Ltd's shares fell to an all-time low of Rs.27.36 on Tuesday after its December-quarter (Q3FY26) results underscored deeper operational strains-particularly around service quality and a high fixed-cost base.

Ola reported a Q3 net loss of Rs.487 crore, exceeding its revenue of Rs.470 crore, which declined 55% year-on-year. Adjusted Ebitda margin (including lease expenses) deteriorated to -69%, compared with -47% in Q3FY25.

The culprit? The sharp 61% drop in sales volumes to 32,680 units. Thus, causing market share loss.

Management acknowledged that service issues significantly damaged brand trust, prompting potential customers to hold back purchases. The company also deliberately slowed sales i...