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Ola Electric's FY23 loss: $136 mn
Business Standard
|July 29, 2023
Negative result recorded on $335 million revenue, say sources
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the 2022-23 financial year (FY23), three sources told Reuters, missing its publicly disclosed revenue target.
The FY23 loss number of SoftBank-backed Ola Electric, which is preparing for an up to $700 million initial public offering (IPO), has not previously been reported or filed with the authorities.
Ola declined to comment.
このストーリーは、Business Standard の July 29, 2023 版からのものです。
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