Ola Electric Mobility Q4 Results: Investors in Ola Electric Mobility might be in for a jolt when markets open on May 30 as the fourth quarter earnings of the company released after market hours.
Ola Electric Mobility Q4 Results
Bhavish Aggarwal-led firm on Thursday reported a net loss of Rs 870 crore for the fourth quarter of FY24–25.
The electric mobility company’s total net loss for the financial year now stands at Rs 2,276 crore—up from Rs 1,584 crore in the previous year.
While, operational income for Q4 was Rs 611 crore, down from Rs 1,045 crore in the same period last year.
For the entire fiscal year, the company has posted total revenue of Rs 4,932 crore, lower than the previous year’s Rs 5,263 crore.
Here are other highlights of the company:
- Material costs: Rs 1,320 crore
- Other expenses: Rs 439 crore
- Employee-related expenses: Rs 113 crore
- Depreciation and amortization: Rs 170 crore
- Finance costs: Rs 61 crore
Ola Electric Stock Update
On Thursday, shares of Ola Electric closed 0.6 per cent higher at Rs 53.24, according to the BSE.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
