Indian e-scooter maker Ola Electric's Q2 loss narrows

India's Ola Electric's Q2 loss narrows, says most service issues 'minor'
Ola Electric, India's top e-scooter maker by market share, reported a narrower second-quarter loss on Friday helped by a jump in sales, and said the recent surge in service requests was largely for "minor issues.
Ola Electric’s Q2 loss shrinks; Shareholder buybacks or worker wellbeing
In a shareholder letter, Ola Electric said that it delivered 98,619 scooters in the quarter, up 74% from the previous year.
Ola Electric's Q2 loss narrows to ₹495cr on higher sales
Ola Electric's premium portfolio and future plans. Ola Electric's premium portfolio remains a key driver of its revenue. The company also witnessed an 18.2% sequential decline in
Indian e-scooter maker Ola Electric's Q2 loss narrows as sales jump
Ola Electric, India's top e-scooter maker by market share, reported a narrower second-quarter loss on Friday, helped by a jump in sales. The Bengaluru-based company said its consolidated loss narrowed to 4.
Ola Electric Narrows Net Loss on Surge in Sales
Ola Electric reported a narrowed net loss of Rs 495 crore for Q2 FY24 due to increased sales. Revenue rose to Rs 1,214 crore. The firm plans to expand its store network to 2,000 outlets by March 2025.
Ola Electric Q2 results: Loss narrows to Rs 495 crore as sales jump
The Bengaluru-based company said its consolidated loss narrowed to Rs 495 crore ($58.7 million) in the July-September quarter from Rs 524 crore a year earlier
Ola Electric Mobility Q2 Results: Net loss of ₹495 crore, revenue grows by 39%
Ola Electric Mobility's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at a loss of ₹379 crore, which is narrower than the loss of ₹435 crore that it had reported in the year-ago quarter.
Ola Electric Q2 results: Net loss narrows on higher sales, lower input costs
Ola Electric's fiscal second quarter narrowed, helped by a jump in sales and lower raw material costs. The Bengaluru-based company said its consolidated loss narrowed to Rs 495 crore in the July-September quarter from Rs 524 crore a year earlier.
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