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Ola Electric Losses More Than Double to ₹870 Cr
The Morning Standard
|May 30, 2025
OLA ELECTRIC'S losses more than doubled to ₹870 crore in the fourth quarter of Q4FY25 as against ₹416 crore loss reported in the same quarter of Q4FY24.
Revenue from operations fell 59.5% YoY to ₹716 crore. The fall in and bottom-line and topline performance is mainly attributed to a sharp fall in sales amid increasing competition from legacy players.
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