Ola losses double, huge loss in FY25 Q4
Business Business : Ola Electric reported a loss of Rs 870 crore in Q4FY25, more than double the Rs 416 crore last year. Revenue fell 62% to Rs 611 crore, deliveries dropped to 51,375 units.
Ola Electric Q4 results: Electric two-wheeler maker Ola Electric on Thursday reported a widening of its losses for the latest March 2025 quarter. Its loss more than doubled to Rs 870 crore in Q4FY25, compared to Rs 416 crore a year ago.
Its revenue from operations declined 62 per cent to Rs 611 crore during January-March 2025. Its auto EBITDA margin fell to -78.6% in Q4FY25 as against -9.3% a year ago The company’s deliveries declined to 51,375 units as against 1.15 lakh units in Q4FY24. On Thursday, shares of Ola Electric Mobility closed 0.6 per cent higher at Rs 53.24 on the BSE.
