Ola Electric struggles to stem declining revenue, worsening unit economics
Summary
Ola Electric's revenue falls 39% year-on-year to ₹421 crore in the September quarter, while adjusted Ebitda margins worsened to -58.5%, despite a narrowing of losses to ₹362 crore.
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Ola Electric struggles to stem declining revenue, worsening unit economics
Ola Electric's revenue falls 39% year-on-year to ₹421 crore in the September quarter, while adjusted Ebitda margins worsened to -58.5%, despite a narrowing of losses to ₹362 crore.
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