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's Q3 loss widens to ₹564 cr amid 'weak' quarter; share slips 3.5%
EV maker says despite strong performance fuelled by festival sales, the overall quarter was weak due to "high competitive intensity and service challenges"
Ola Electric Q3 Net Loss Widens To Rs 564 Crore
Ola Electric Mobility Ltd on Friday reported a widening of consolidated net loss at Rs 564 crore in the third quarter ended December 31, 2024 impacted by lower revenue due to enhanced competition and one-off cost to address service issues.
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 Results: Loss Widens To Rs 564 Crore, Revenue Shrinks By A Fifth
Results: Consolidated net loss of the billionaire Bhavish Aggarwal-led company widened to Rs 564 crore even as revenue fell 19.4% to Rs 1,045 crore.
Ola Electric shares tumble over 3% after losses expand further in Q3
Ola share price is not just down today, even over the past five days, Ola share price has dropped 6.31%, and over the last month, it has declined 10.33%. Ola Electric’s share price has ranged between a 52-week high of Rs 157.40 and a low of Rs 64.60.
Ola Electric Mobility Q3 Results: Net loss widens, revenue drops 19%
Revenue for the December quarter declined by 19.4% from last year to ₹1,045 crore. The company had offered multiple festive discounts during the quarter. Ola Electric had reported revenue of ₹1,644 crore during the June quarter and ₹1,
Ola Electric’s loss widens to Rs 564 crore in Q3, revenue drops 19 pc as stock plunges
Bhavish Aggarwal-run Ola Electric Mobility on Friday reported a massive net loss of Rs 564 crore in the third quarter (Q3 FY25), an increase of 13.94 per cent compared to a net loss of Rs 495 crore
Ola Electric Consolidated December 2024 Net Sales at Rs 1,045.00 crore, down 19.36% Y-o-Y
Ola Electric shares closed at 71.84 on February 05, 2025 (NSE) and has given -21.23% returns over the last 6 months and ...
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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 ...
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Bengaluru Man 'Delivers' Himself To Office Using Porter App As Uber, Ola Bail Out On Him
In another incident, a man stuck on a flyover in Bengaluru was taken aback when he received a message from Rapido checking on ...
Ola Electric Standalone December 2024 Net Sales at Rs 1.00 crore, down 85.71% Y-o-Y
Net Sales at Rs 1.00 crore in December 2024 down 85.71% from Rs. 7.00 crore in December 2023. Quarterly Net Profit at Rs.
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Ola Roadster X+ Who Is It For?
Ola recently launched the Roadster X+ in India and it is available in two variants: 4.5kWh and 9.1kWh. Let’s find out is the ...
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Ola Roadster X+: An electric bike with more than 500 km range. Can it conquer its rivals?
The new Ola Roadster X+ electric motorcycle boasts a range of 501 km per charge with options for 4.5 kWh and 9.1 kWh ...
Bhavish Aggarwal calls ICE motorcycles ‘Ugly, dull and boring’; sparks debate at Ola Roadster X launch
Ola Electric CEO Bhavish Aggarwal criticised the design of internal combustion engine motorcycles as ugly during the launch ...
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Ola Roadster X+: Same Price Other Options
Ola has launched the Roadster X+ and here are five options you can consider in the same price range: Royal Enfield Hunter 350 ...