Two-wheeler maker Ola Electric reported revenue from operations of Rs 421 crore for the September quarter, down 39% from Rs 690 crore a year earlier, as vehicle registrations continued to slide. The company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company, which had announced a pivot to a dealership model in August, now has 255 dealer partners operating over 300