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Ola Electric's loss widens to ₹347 cr for June quarter
The Morning Standard
|August 15, 2024
AFTER making a blockbuster entry into the Indian capital market, Ola Electric on Wednesday reported a higher firstquarter loss in the ongoing financial year (Q1FY25).
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The company said that its consolidated net loss widened to ₹347 crore in Q1FY25 from Rs 267 crore in the year-ago quarter.
Ola Electric's revenue grew by 34.32% to Rs 1,718 crore for the quarter ended 30th June 2024, up from Rs 1,279 crore for the quarter ended 30th June 2023. This is Ola Electric's highest ever quarterly revenue.
Cette histoire est tirée de l'édition August 15, 2024 de The Morning Standard.
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