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Ola Electric Quarterly Loss Doubles Over Sales Fall, Discounts
Hindustan Times Jammu
|May 30, 2025
India's top electric two-wheeler maker Ola Electric Mobility reported a wider quarterly loss on Thursday, due to falling sales and steep discounts it offered to beat growing competition.
The firm posted a loss of ₹870 crore in the quarter ended March 31, compared with a loss of ₹416 crore a year earlier.
Since going public in August 2024, Ola struggled with slowing sales, regulatory pressure and competition from established two-wheeler makers.
This story is from the May 30, 2025 edition of Hindustan Times Jammu.
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