Ola Electric : Loss widens to ₹428 crore; revenue plunges 50% YoY
🧾 Key Highlights:
▪️ Approved unaudited financial results for the quarter ended June 30, 2025
▪️ Cleared proposal to raise debt up to ₹1,700 crores
▪️ Confirmed transfer of ₹4,169 crores from IPO proceeds to ultimate beneficiaries
📌 Reflects financial planning & operational progress ahead of listing expectations.
OLAELEC
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