Ola Electric stock tumbles 6% in two days as Q3 loss widens, revenue dips
Ola Electric’s shares declined six percent over two sessions after reporting a Rs 564 crore Q3FY25 loss. Revenue slipped nineteen percent, and deliveries dropped. Goldman Sachs maintained a ‘Buy’ rating with a Rs 101 target.
Ola Electric shares slip 4% on wider Q3 net loss. Details here
The pure-play electric vehicle (EV) firm said its consolidated loss for the quarter ended December 31, 2024 (Q3 FY25), has widened to Rs 564 crore as against Rs 376 crore in the year-ago period.
Ola Electric Shares Slide 4% After Q3 Results
Electric vehicle maker Ola Electric’s shares fell nearly 4% to INR 67.43 apiece during the intraday trading session on the BSE today
India's Ola Electric posts wider loss on discounts, improving service quality
India's top electric two-wheeler maker Ola Electric reported a wider quarterly loss on Friday, hurt by heavy discounts it offered to fend off rising competition and as it spent on improving the quality of service at its workshops.
Ola Electric's Q3FY25 net loss widens to Rs 564 cr; revenue declines 19%
Ola Electric Mobility reported a net loss of Rs 564 crore for the third quarter of FY25, widening from Rs 376 crore in the same period last year, Mint reported.
Ola Electric Q3 Results: Net loss widens to ₹564 crore, revenue drops 19% YoY
Ola Electric Mobility's revenue from operations in Q3FY25 declined 19.36% to ₹1,045 crore from ₹1,296 crore, year-on-year (YoY).
Indian electric two-wheeler maker Ola Electric's quarterly loss widens
India's top electric two-wheeler maker Ola Electric reported a wider quarterly loss on Friday, hurt by heavy discounts it offered to fend off rising competition. The SoftBank-backed firm reported a loss of 5.
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Ola Electric’s Arrowhead sports bike looks to be production-ready
This one’s confusing. The last time I wrote about Ola’s motorcycles, it was a comical rant about how the company blatantly ...
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Ola Electric’s Slide
Ola Electric now finds itself in an unusual position, having to claw back from a position of weakness after a poor display in ...
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Bhavish Aggarwal says Ola Electric could hit 50,000-unit monthly sales run-rate in six months
Chairman and Managing Director Bhavish Aggarwal said Ola Electric has also expanded its network to 4,000 stores, which will help improve service quality.
Ola Electric expects its motorcycles to power EV adoption in India
India's top electric two-wheeler maker Ola Electric Mobility expects its newly-launched motorcycles to boost the pace of EV ...
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Ola Electric launches new e-scooters with a range of up to 320 km
Indian electric two-wheel maker Ola Electric has launched four new electric scooters, called S1 X, S1 X+, S1 Pro, and S1 Pro+ ...
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Ola Electric Roadster X gambles into nascent world of India's e bikes
Ola Roadster X and Roadster X+ electric motorcycles are scheduled to reach consumers starting in mid-March 2025.
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Ola Electric Q3 Review: Management Guides Ebitda Breakeven At 50,000 Units Per Month
Ola Electric management reiterated that the new Gen 3 scooters, along with new product addition such as the electric bike and electric three-wheeler, will also be included in this target.
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Ola Roadster X+ launched in India, available in two options. Which variant to pick?
Ola Roadster X+ electric motorcycle comes available in two different battery pack choices: 4.5 kWh and 9.1 kWh.
Citi cuts Ola Electric price target to INR85, maintains Buy rating
Sharma, adjusted the price target for Ola Electric (OLAELEC:IN), reducing it to INR85.00 from the previous INR90.00. Despite this change, the firm continues to recommend a Buy rating for the stock.