Ola Electric Mobility Ltd. saw its loss widen and revenue shrink as a slump in sales impacted financials of India's largest electric two-wheeler maker.
Consolidated net loss of the billionaire Bhavish Aggarwal-led company widened to Rs 564 crore in the three months ended Dec. 31, as against Rs 376 crore in the year-ago period, even as revenue fell 19.4% to Rs 1,045 crore, according to an exchange filing on Friday.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Ola Electric Q3 FY25 (Standalone, YoY)
Revenue down 19.4% at Rs 1,045 crore
EBITDA loss of Rs 460 crore vs EBITDA loss of Rs 301crore
Net loss of Rs 564 crore vs loss of Rs 376 crore
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.