Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory.
Financial Results:
Ola Electric Mobility Ltd reported Revenues for Q4FY25 of ₹611.00 Crores down from ₹1,598.00 Crore year on year, a fall of 61.76%.
Total Expenses for Q4FY25 of ₹1,598.00 Crores down from ₹2,087.00 Crores year on year, a fall of 23.43%.
Consolidated Net Profit of -₹870.00 Crores from -₹416.00 Crores in the same quarter of the previous year.
The Earnings per Share is -₹1.97, from -₹2.13 in the same quarter of the previous year.