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This Article is From Dec 11, 2023

Ola Electric Reports Total Revenue Of Rs 2,782 Crore In FY23

Ola Electric Reports Total Revenue Of Rs 2,782 Crore In FY23
Ola Electric scooters. (Source: Company website)

Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in FY23.

The total revenue of Ola Electric Mobility Business stood at Rs 456 crore in FY22, it said in a statement.

The company said it has set in motion a number of initiatives like new product introductions, sales and service network expansion and strengthening of R&D function for growth and profitability.

Ola currently sells S1 Pro (2nd Generation), S1 Air and S1 X in three variants.

Comprehensive Budget 2026 coverage, LIVE TV analysis, Stock Market and Industry reactions, Income Tax changes and Latest News on NDTV Profit.

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