Ola Electric improves gross margins by 38% YoY in FY25; targets profitability in FY26
- Posted on May 29, 2025
- By Financial Express
- 3 Views

Ola Electric improves gross margins by 38% YoY in FY25; targets profitability in FY26

Ola Electric reported a net loss of Rs 870 crore for Q4 FY25, targeting profitability in the current fiscal. Revenue declined to Rs 611 crore, with a net loss of Rs 2,276 crore for FY25. The company is focused on scaling revenue and improving gross margins, with a market share of 30%. It aims to […]