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Sneha Jain

14th Jul 2025 · SEBI-Registered Analyst

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

#WatchOutFor
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