Ola Electric sees Q1 revenue halve

Ola Electric experienced a significant revenue drop of 49.6% year-over-year, with revenue falling to Rs 828 crore in the June quarter from Rs 1,644 crore in the previous year. Despite this decline, the company saw a positive trend with a nearly 36% increase in revenue on a sequential basis, indicating potential growth momentum.
Ola Electric sees Q1 revenue halve
Ola electric
BENGALURU: Ola Electric's revenue declined 49.6 per cent, falling to Rs 828 crore in the June quarter from Rs 1,644 crore a year ago. On a sequential basis, revenue increased nearly 36 per cent.
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