Ola Electrical Mobility This autumn Outcomes: Traders in Ola Electrical Mobility could be in for a jolt when markets open on Could 30 because the fourth quarter earnings of the corporate launched after market hours.
Ola Electrical Mobility This autumn Outcomes
Bhavish Aggarwal-led agency on Thursday reported a internet lack of Rs 870 crore for the fourth quarter of FY24–25.
The electrical mobility firm’s whole internet loss for the monetary 12 months now stands at Rs 2,276 crore—up from Rs 1,584 crore within the earlier 12 months.
Whereas, operational revenue for This autumn was Rs 611 crore, down from Rs 1,045 crore in the identical interval final 12 months.
For your entire fiscal 12 months, the corporate has posted whole income of Rs 4,932 crore, decrease than the earlier 12 months’s Rs 5,263 crore.
Listed here are different highlights of the corporate:
- Materials prices: Rs 1,320 crore
- Different bills: Rs 439 crore
- Worker-related bills: Rs 113 crore
- Depreciation and amortization: Rs 170 crore
- Finance prices: Rs 61 crore
Ola Electrical Inventory Replace
On Thursday, shares of Ola Electrical closed 0.6 per cent greater at Rs 53.24, based on the BSE.
