Try GOLD - Free
Ola Electric Faces Investors' Ire After Disappointing Q4 Results
Hindustan Times Lucknow
|May 31, 2025
Ola Electric's investors' rush to sell their stake in the company led to a nearly ₹1,000 crore loss in its valuation on the stock markets on Friday.
NEW DELHI:
Company's shares tumbled 4.2%, trading at ₹50.96 per share on Friday, as revenue from operations slid more than 60% to ₹611 crore and net loss more than doubled to ₹870 crore during the January to March period. For the full financial year, the company's total loss was at ₹2,276 crore, and last year the loss was ₹1,584 crore.
Notably, it was the first time during a quarter that revenue from operations of the leading e-scooter player fell below Ather Energy, which ranked fourth in the total electric scooter sales hierarchy.
This story is from the May 31, 2025 edition of Hindustan Times Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Lucknow
Hindustan Times Lucknow
Infrastructure gaps delay justice
The lack of enough courtrooms and personnel shortages continue to hold up timely trials and delivery of justice
2 mins
December 16, 2025
Hindustan Times Lucknow
Deal makers: Skill sets that'll be in high demand
With the Indian Premier League introducing a stricter rule for overseas players barring them from entering the following mini auction if they skipped the mega auction, only a limited set of international stars are available for Tuesday's auction at Abu Dhabi.
3 mins
December 16, 2025
Hindustan Times Lucknow
‘It was dead people everywhere’
Among the thousands of people who flocked to Sydney's famed Bondi Beach on Sunday evening, some were seeking relief from the steamy weather while others joined a local Jewish group to celebrate the beginning of Hanukkah, or festival of light.
2 mins
December 16, 2025
Hindustan Times Lucknow
HK media tycoon convicted
Pro-democracy media tycoon Jimmy Lai was found guilty on all three charges in his national security trial on Monday, convictions that rights groups denounced as the death knell for press freedoms in the Chinese financial hub.
1 min
December 16, 2025
Hindustan Times Lucknow
SC suggests syllabi changes to raise dowry awareness
Eliminating dowry is a constitutional imperative to ensure every woman entering a marriage is an equal citizen, the Supreme Court observed on Monday, and asked the Centre and states to consider reinforcing this fact by making amends to the education curriculum to generate awareness about this “evil practice”.
2 mins
December 16, 2025
Hindustan Times Lucknow
45% posts vacant in pollution boards: Govt in LS
Nearly 45% of scientific and technical posts in pollution control boards across the country are vacant, the Union environment ministry has informed the Lok Sabha.
1 mins
December 16, 2025
Hindustan Times Lucknow
What a customs reform exercise must focus on
To start with, tariff rationalisation and the simplification of tariff structure must get high priority
4 mins
December 16, 2025
Hindustan Times Lucknow
NIA names LeT, offshoot TRF in Pahalgam case charge sheet
The National Investigation Agency (NIA) on Monday filed a charge sheet against terrorist organisation Lashkar-e-Taiba (LeT), its proxy The Resistance Front (TRF), and others in connection with the April 22 Pahalgam terror attack that claimed 26 lives, detailing conspiracy by Pakistan and roles of the accused nearly eight months after the incident that had brought India and Pakistan to the brink of a full-scale war.
2 mins
December 16, 2025
Hindustan Times Lucknow
Higher education bill in LS gets Oppn’s ‘centralisation’ flak
Union education minister Dharmendra Pradhan ‘on Monday introduced ‘The Viksit Bharat Shiksha Adhishthan Bill, 2025’ in Lok Sabha, which seeks to establish a three-council commission as a single higher education regulator, tasked with enforcing outcome-based accreditation, setting academic standards, and granting graded autonomy to higher education institutions.
1 mins
December 16, 2025
Hindustan Times Lucknow
India a ‘preferred destination’ for GCCs, says Goyal
In the last ll years, the government has established massive power-sector infrastructure, including a synchronous 500-gigawatt grid suitable to make India a hub for Global Capability Centers (GCCs) and data centres, Union commerce and industry minister Piyush Goyal said on Monday.
1 min
December 16, 2025
Listen
Translate
Change font size