Ola Electric shares sink 6% as Q2 revenue falls 39% YoY. What’s next?

Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated net loss to Rs 362 crore. Sequentially, losses widened and revenue declined 7.5%. The stock slipped to Rs 33.48 on the NSE as investors weighed the weak revenue performance and profitability trends.

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