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.🕒 1 min read
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.
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