This post is for paying subscribers only
Upgrade your account to read the post and get access to the full library of posts and ALLSPARK, our knowledge bank covering 200 startups.
Sign up now Already have an account? Sign inOla Electric's Financials are Deteriorating Fast
Ola Electric has reported a 50% increase in Net Losses and a 19.5% drop in revenues in Q3 FY2025 (year-on-year). In a quarter when the Indian E2W industry reached a new peak, Ola's declined. The company also had a one-off cost of INR 1.1bn (USD 12.56m) to address service issues.
