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Ola Electric Q1 Results: Revenue up 32%, loss widens too
Ola Electric experienced a 32% increase in revenue for the first quarter of FY25, amounting to ₹1,644 crore, while net losses expanded to ₹347 crore. The automotive division saw a 34% boost in total income. The company plans to introduce electric motorcycles on August 15, with deliveries expected in the last quarter of the fiscal year.
