Ola Electric shares decline nearly 3 pc

India's Ola Electric posts wider loss on discounts, improving service quality
India's top electric two-wheeler maker Ola Electric reported a wider quarterly loss on Friday, hurt by heavy discounts it offered to fend off rising competition and as it spent on improving the quality of service at its workshops.
Ola Electric Q3 results: Net loss widens to Rs 564 cr, revenue drops 19%
Its revenue from operations in Q3FY25 dropped 19.36 per cent to Rs 1,045 crore, down from Rs 1,296 crore in the same period last year (YoY)
Ola Electric's Q3 loss widens to ₹564cr, revenue down 19%
In the previous quarter ending September 2024, Ola Electric had faced a net loss of ₹495 crore. There was also a decline in its operational revenue for Q3 FY25. Revenue declined by 19.36% to ₹1,045 crore from ₹1,296 crore YoY.
Indian electric two-wheeler maker Ola Electric's quarterly loss widens
India's top electric two-wheeler maker Ola Electric reported a wider quarterly loss on Friday, hurt by heavy discounts it offered to fend off rising competition.
Ola Electric Q3 net loss widens 50% to Rs 564 crore amid rising competition, service issues
Ola Electric's operating revenue fell 19% year-on-year to Rs 1,045 crore. The company mainly earns revenue from electric scooter sales, with battery sales contributing a small portion. Total expenses for the quarter were Rs 1,
Ola Electric Reports Wider Losses in Q3 FY25 Amid Sluggish Sales
Ola Electric Mobility Ltd., India’s largest electric two-wheeler manufacturer, has reported a significant widening of its losses for the third quarter of the fiscal year 2025. The company’s financial performance took a hit as sales declined, leading to a sharp drop in revenue and an even greater EBITDA loss.
Ola Electric Q3 net loss widens to ₹564 crore
Ola Electric Mobility Ltd on Friday reported a widening of consolidated net loss at ₹564 crore in the third quarter, that ended on December 31, 2024, impacted by lower revenue due to enhanced competition and one-off cost to address service issues.
Ola Electric shares decline nearly 3 pc as Q3 net loss widens
Shares of Ola Electric Mobility Ltd on Friday dropped nearly 3 per cent after the firm reported a widening of consolidated net loss at Rs 564 crore in the December quarter
Ola Electric predicts faster EV motorcycle adoption, halving the time taken by scooters
Ola Electric anticipates a significantly faster uptake of electric motorcycles, expecting it to take just half or two-thirds ...
electrive59m
Ola Electric launches new e-scooters with a range of up to 320 km
Indian electric two-wheel maker Ola Electric has launched four new electric scooters, called S1 X, S1 X+, S1 Pro, and S1 Pro+ ...
Fox 46h
Judge orders Fort Myers Beach restaurant La Ola to vacate or comply
With the Fort Myers Beach Pier taking over four more years to rebuild, some worry that there may not be enough to do in Times ...
Autocar India2h
Ola regains top spot in electric two-wheeler sales in January 2025
Ola S1 Pro, Bajaj Chetak, TVS iQube, Ather 450X, Ather Rizta, Vida V2 electric scooter sales in January 2025. Tap for more.
devdiscourse1h
Ola Electric Faces Financial Setback Amid Competitive Market
Ola Electric Mobility Ltd reported an increased net loss of Rs 564 crore for the December quarter, impacted by competitive ...
India Today on MSN5h
Bengaluru man uses Porter to commute to office after failing to find Uber, Ola
In the now-viral post on X, Pathik posted a picture of himself riding a Porter two-wheeler and captioned it: "Had to porter ...