मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Ola Electric Q2 loss narrows to ₹495 cr, revenue jumps 39%
Mint Mumbai
|November 09, 2024
Electric two-wheeler maker Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2FY25) on Friday, 8 November.
The loss narrowed from ₹524 crore a year earlier, but widened over ₹347 crore in the June 2024 quarter.
The firm's consolidated revenue from operations stood at ₹1,214 crore in Q2FY25, up 39%, compared with ₹873 crore in the year-ago period.
In an earnings call with investors after the results, Ola Electric CEO Bhavish Aggarwal said the company was strongly focused on expanding its distribution and service network in the country. "Over the last quarter or so, especially in Q2, we had a bit of a capacity challenge in service. Our sales have expanded much faster than we have expanded our service network," Aggarwal said.
यह कहानी Mint Mumbai के November 09, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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