Ola Electric Shares Plunge Over 3% After Q3 Results

Share via:


SUMMARY

The company reported a 50% increase in its net loss to INR 564 Cr in Q3 FY25 from INR 376 Cr in the year-ago quarter

At the current market price, Ola Electric’s market capitalisation stood at INR 30,611 Cr

The company’s operating revenue also declined 19% to INR 1,045 Cr during the quarter under review from INR 1,296 Cr in Q3 FY24

Shares of Bhavish Aggarwal-led electric vehicle maker Ola Electric dropped over 3% to INR 69.69 on the BSE after the company reported a 50% increase in its net loss to INR 564 Cr in Q3…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Team SNFYI
Hi! This is Admin.

Popular

More Like this

Ola Electric Shares Plunge Over 3% After Q3 Results


SUMMARY

The company reported a 50% increase in its net loss to INR 564 Cr in Q3 FY25 from INR 376 Cr in the year-ago quarter

At the current market price, Ola Electric’s market capitalisation stood at INR 30,611 Cr

The company’s operating revenue also declined 19% to INR 1,045 Cr during the quarter under review from INR 1,296 Cr in Q3 FY24

Shares of Bhavish Aggarwal-led electric vehicle maker Ola Electric dropped over 3% to INR 69.69 on the BSE after the company reported a 50% increase in its net loss to INR 564 Cr in Q3…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Team SNFYI
Hi! This is Admin.

More like this

Amazon goes live with quick commerce service Now in...

Amazon has launched its quick commerce service, Amazon...

Apple begins selling latest M4 MacBook Air models on...

Today, Apple has begun selling refurbished configurations of...

Fast-fashion retailer Shein reports transport emissions up 13.7% in...

Shein's carbon emissions from transporting products climbed 13.7%...

Popular

Upcoming Events

SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ SFCZ