Overview
- Consolidated net loss came in at ₹418 crore for the quarter ended September 30, lower than ₹495 crore a year earlier.
- EBITDA loss improved to ₹203 crore from ₹379 crore year on year, according to the company’s exchange filing.
- Reporters link the revenue drop to fewer takers for electric two-wheelers in the domestic market.
- Inc42 reports total expenses declined to ₹893 crore, with the automotive segment turning slightly EBITDA positive at ₹2 crore.
- The Q2 FY26 disclosure was filed to the exchanges and coverage is described as developing, with more details expected.