Ola Electric reports Rs 2,782 cr revenue in FY23, targets Ebitda!
Wed, Dec 6, 2023 10:10 AM

Ola Electric reports Rs 2,782 cr revenue in FY23, targets Ebitda!

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IPO-bound Ola Electric has reported consolidated revenue of Rs 2,782 crore up nearly 510 percent in the financial year ended March 2023 (FY23) even as its net loss widened to Rs 1,472 crore on the back of an increase in its expenses, showed the company’s auditor signed financial statements shared with bankers and investors. Moneycontrol has seen the copy of the financial statements.

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