Ola Electric Q3 Results: Loss narrows YoY to Rs 487 crore; revenue falls 55%

Ola Electric Q3 Results: Ola Electric narrowed Q3 losses to Rs 487 crore, with revenue down 55% to Rs 470 crore and deliveries falling to 32,680 units. The company cited a structural reset, improved operating leverage, completed capex, and a strong long-term growth outlook, targeting Rs 15,000–20,000 crore in revenue over the coming years.