Ola Electric Loss Narrows as Deliveries Recover

Ola Electric Loss Narrows as Deliveries Recover

Ola Electric narrowed its June-quarter net loss to Rs 336 crore from Rs 428 crore a year earlier, while revenue fell 45% year-on-year to Rs 455 crore but rose 72% sequentially. Deliveries nearly doubled from the previous quarter, lifting market share to 8.4% from 5.1%.

Source: Economic Times

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