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Ola Electric's Stock Drop Amidst Financial Losses

Summary by Devdiscourse
Ola Electric's Stock Drop Amidst Financial Losses Shares of Ola Electric fell by over 4% on Friday after the company announced a consolidated net loss of Rs 870 crore for the fourth fiscal quarter ending March 31, 2025. The stock closed at Rs 50.97 on the BSE and at Rs 50.85 on the NSE, posting substantial intraday declines.The substantial loss comes as the firm recorded a decline in revenue from operations, falling to Rs 611 crore from Rs 1,598…

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Moneycontrol broke the news in India on Thursday, May 29, 2025.
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