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Friday, January 16, 2026

Tag: electric vehicle sales

Ola Electric Q2 FY26: Revenue Drops 43% But Achieves First EBITDA Profit

Ola Electric's revenue fell 43% to ₹690 crore in Q2 FY26, but the company achieved its first-ever EBITDA profitability in auto business while narrowing losses.

Record Car Sales Hit 4.70 Lakh Units in October Amid GST Cut

Indian automakers achieved highest-ever monthly sales with 17% growth driven by festive demand and reduced GST rates. Toyota led with 43% surge.