Ola Electric loss widens to Rs 870 crore in March quarter as sales scoot over
Ola Electric's March quarter financials revealed a significant revenue drop and widened losses, impacted by registration process issues and declining market share. Despite a decrease in vehicle deliveries, gross margins inched up slightly. Despite the grim results, the Bhavish Aggarwal-led electric scooter maker gave an optimistic guidance for the quarter ending June 2025.
Ola Electric's March quarter financials revealed a significant revenue drop and widened losses, impacted by registration process issues and declining market share. Despite a decrease in vehicle deliveries, gross margins inched up slightly. Despite the grim results, the Bhavish Aggarwal-led electric scooter maker gave an optimistic guidance for the quarter ending June 2025.
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