Ola Electric shares slip 5% as Q3 loss widens YoY to Rs 564 crore
- Posted on February 7, 2025
- By Business News Today
- 4 Views
Ola Electric shares slip 5% as Q3 loss widens YoY to Rs 564 crore
Ola Electric shares: Ola Electrics stock fell 4.9% as Q3FY25 losses widened to ₹564 crore due to declining revenue and rising costs. Sales volumes dropped, and EBITDA margins weakened, despite market leadership. The company aims for profitability through cost optimization and new product launches.
