Ola Electric revenue rises 34% to ₹1,718 crore

Ola Electric revenue rises 34% to ₹1,718 crore



Ola Electrical on Wednesday stated its income grew by 34.32% to ₹1,718 crore for the June quarter from ₹1,279 crore within the year-earlier interval.

In a regulatory submitting, the corporate stated its web loss for the June quarter widened to ₹347 crore from ₹267 crore a 12 months earlier. The quarter witnessed the best ever deliveries of autos by the corporate at 1,25,198 models as towards 70,575 models delivered in the identical interval final 12 months, the corporate, which made debut on the bourses final week, stated in an announcement.

Ola Electrical will unveil its electrical motorbike portfolio throughout mass and premium segments at its manufacturing facility at Krishnagiri, Tamil Nadu on August 15.





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