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Ola Electric Q2 Loss Narrows 5.5% YoY To INR 495 Cr

  • Ola Electric narrows its net loss by 5.5% to INR 495 Cr in Q2 FY25 compared to the year-ago quarter.
  • However, the loss widened by almost 43% from the preceding June quarter.
  • Operating revenue increased by 39% to INR 1,214 Cr in Q2 FY25.
  • Revenue is generated solely from the sales of escooters, with the Ola S1 Pro model earning the highest amount of revenue.

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