Ola Electric shares crash nearly 10% after Rs 870 crore Q4 loss;...

Ola Electric shares crash nearly 10% after Rs 870 crore Q4 loss; revenue slips 62%

Posté

Ola Electric's stock prices plunged following the release of disappointing quarterly results. The electric vehicle company reported a substantial net loss for the fourth quarter and the full financial year. Revenue from operations also experienced a sharp decline. Despite these challenges, Ola Electric expresses optimism about achieving profitability in the coming financial year.

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