Ola Electric Q4 net loss doubles to Rs 870 crore as revenue slumps 62%

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Ola Electric’s financial performance worsened in the fourth quarter of FY25, with the company reporting a sharp decline in revenue and a two-fold increase in net losses.

The Bhavish Aggarwal-led electric vehicle (EV) firm reported operating revenue of Rs 611 crore for the January–March quarter, down 61.8% year-on-year from Rs 1,598 crore in the same period last year.

Net loss for the quarter widened to Rs 870 crore, compared to Rs 416 crore in Q4FY24.

This marks one of the steepest quarterly revenue declines for the company since it started…



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Ola Electric Q4 net loss doubles to Rs 870 crore as revenue slumps 62%


Ola Electric’s financial performance worsened in the fourth quarter of FY25, with the company reporting a sharp decline in revenue and a two-fold increase in net losses.

The Bhavish Aggarwal-led electric vehicle (EV) firm reported operating revenue of Rs 611 crore for the January–March quarter, down 61.8% year-on-year from Rs 1,598 crore in the same period last year.

Net loss for the quarter widened to Rs 870 crore, compared to Rs 416 crore in Q4FY24.

This marks one of the steepest quarterly revenue declines for the company since it started…



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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