reuters.com

Ola Electric Narrows Q1 Loss as Electric Two-Wheeler Sales Rise

Ola Electric Mobility logoOla Electric Mobility
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Ola Electric reported a narrower first-quarter loss, helped by higher electric two-wheeler sales and lower operating expenses after last year’s restructuring. Net loss fell to 3.36 billion rupees for the quarter ended June 30, from 4.28 billion rupees a year earlier, as performance improved despite remaining unprofitable.

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