menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Ola Electr...
source image

ISN

3d

read

132

img
dot

Image Credit: ISN

Ola Electric’s Q4FY25 loss more than doubles to Rs 870 crore; revenue drops 62%

  • Ola Electric reported a net loss of Rs 870 crore for Q4 FY25, more than double the previous year's loss, due to weakening demand and inventory issues.
  • Revenue from operations dropped by 62% year-on-year to Rs 611 crore in Q4 FY25, with vehicle registrations falling by 52%.
  • The auto segment EBITDA margin for Ola Electric collapsed to -78.6% in Q4 FY25, reflecting challenges in operating leverage and high provisioning costs.
  • Despite facing challenges, Ola Electric projects improvement in gross margins, aiming for 35% by Q2 FY26 and focusing on scaling revenue to move towards profitability.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app