Ola Electric’s Q4 losses deepen as deliveries slide, revenue...

added a post in Business

2025-05-29 14:08:08 -

Ola Electric’s Q4 losses deepen as deliveries slide, revenue nearly halves

Ola Electric's March quarter results show a significant decline. Adjusted revenue fell sharply, and net losses widened. Deliveries also decreased considerably, especially in the premium segment. Full-year losses increased despite improved gross margins. The company attributes the performance to weak demand. Ola Electric is now focusing on new models to boost sales. Concerns remain about demand...

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