OLA ELECTRIC

Electric two-wheeler maker Ola Electric on Thursday reported a widening in its losses for the latest March 2025 quarter. Its losses more than doubled to Rs 870 crore in Q4FY25, compared with Rs 416 crore a year ago. Its revenue from operations during January-March 2025 slumped by 62 per cent to Rs 611 crore. Its auto EBITDA margin fell sharply in Q4FY25 to -78.6% as against -9.3% a year ago, and the consolidated EBITDA margin stood at -101.4%, reflecting high provisioning costs and reduced operating leverage during the quarter.