Ola Electric’s Q4 Snapshot, Razorpay’s Homecoming & More

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Ola Electric’s Burn Gets Deeper In Q4

Ola Electric’s loss-making spree extended into Q4 FY25 as well. The EV maker’s net losses doubled as “execution challenges” and intensifying competition took a toll on its sales and ate into its market share. 

Overall, the OEM’s net loss skyrocketed 109% YoY to INR 870 Cr in Q4 FY25 while operating revenue crashed 62% YoY to INR 611 Cr. 

Meanwhile, here are the key takeaways from Ola Electric’s full FY25:

  • Net losses surged 44% YoY to INR 2,276 Cr 
  • Top line shrunk 10% YoY to INR 4,514 Cr



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Ola Electric’s Q4 Snapshot, Razorpay’s Homecoming & More


Ola Electric’s Burn Gets Deeper In Q4

Ola Electric’s loss-making spree extended into Q4 FY25 as well. The EV maker’s net losses doubled as “execution challenges” and intensifying competition took a toll on its sales and ate into its market share. 

Overall, the OEM’s net loss skyrocketed 109% YoY to INR 870 Cr in Q4 FY25 while operating revenue crashed 62% YoY to INR 611 Cr. 

Meanwhile, here are the key takeaways from Ola Electric’s full FY25:

  • Net losses surged 44% YoY to INR 2,276 Cr 
  • Top line shrunk 10% YoY to INR 4,514 Cr



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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