Ola Electric reports Q4 loss to Rs 870 crore, eyes profitability in FY26 as gross margins improve
Thursday, 29 May 2025 ()
Ola Electric faced a net loss of Rs 870 crore in Q4 FY25. Revenue decreased to Rs 611 crore. The company's full-year loss was Rs 2,276 crore. Despite losses, Ola Electric maintains market leadership with strong scooter sales. They aim for profitability in FY26 through cost efficiency and increased production.
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