Ola Electric Q4 net loss doubles to Rs 870 crore as revenue slumps 62%
Ola Electric's financial performance worsened in the fourth quarter of FY25, with the company reporting a sharp decline in revenue and a two-fold increase in net losses.
The Bhavish Aggarwal-led electric vehicle (EV) firm reported operating revenue of Rs 611 crore for the January–March quarter, down 61.8% year-on-year from Rs 1,598 crore in the same period last year.
Net loss for the quarter widened to Rs 870 crore, compared to Rs 416 crore in Q4FY24.
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This marks one of the steepest quarterly revenue declines for the company since it started commercial
two-wheeler deliveries
in late 2021. It comes amid heightened competition in the electric two-wheeler space, regulatory uncertainty over subsidies, and inventory correction across dealerships.
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