India, Feb. 13 -- Revenue of Ola Electric Mobility Ltd. more than halved in October-December 2025 as its electric two-wheeler sales declined over 60% during the most lucrative quarter for India's automotive industry.

Net loss of the beleaguered company led by Bhavish Aggarwal narrowed to Rs.487 crore in Q3 FY26 as against Rs.564 crore in the year-ago period, but widened on a quarter-on-quarter basis from Rs.418 crore in Q2 FY26.

"Q3 FY26 marks a structural reset for Ola Electric," Aggarwal said in a letter to shareholders accompanying the earnings statement.

On Friday, Ola Electric shares fell 0.26% to Rs.30.90 apiece on the BSE even as the benchmark Sensex ended the day 1.25% lower at 82,626.76 points.

This is a developing story. Mor...