Loss More Than Doubles YoY To INR 870 Cr

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EV maker Ola Electric’s consolidated net loss skyrocketed 109% to INR 870 Cr in Q4 FY25 from INR 416 Cr in the year-ago quarter. On a quarter-on-quarter (QoQ) basis, the company’s loss increased 54% from INR 564 Cr. 

The hefty loss for the EV maker came on the back of a sharp decline in its top line. The company’s operating revenue crashed 62% to INR 611 Cr from INR 1,598 Cr in the same quarter last year. Sequentially, this marked a 42% decline from INR 1,045 Cr.

Including other income of INR 117 Cr, the company’s total revenue for…



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Loss More Than Doubles YoY To INR 870 Cr


EV maker Ola Electric’s consolidated net loss skyrocketed 109% to INR 870 Cr in Q4 FY25 from INR 416 Cr in the year-ago quarter. On a quarter-on-quarter (QoQ) basis, the company’s loss increased 54% from INR 564 Cr. 

The hefty loss for the EV maker came on the back of a sharp decline in its top line. The company’s operating revenue crashed 62% to INR 611 Cr from INR 1,598 Cr in the same quarter last year. Sequentially, this marked a 42% decline from INR 1,045 Cr.

Including other income of INR 117 Cr, the company’s total revenue for…



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.

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