Ola Electric Q2 Results: Firm posts net loss of ₹495 crore; revenue rises 39% YoY | Stock Market News
Source: Live Mint
Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2 FY25) on Friday, November 8. The loss declined from ₹524 crore posted in the same quarter last year. However, it was higher than ₹347 crore loss posted in the June 2024 quarter.
The consolidated revenue from operations stood at ₹1,214 crore in Q2 FY25, up 39 per cent, compared with ₹873 crore in the year-ago period.
