Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss
Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in its consolidated revenue from operations during the fiscal year 2021-22. The company’s annual revenue witnessed an exponential growth of nearly 400 times, reaching ₹373 crore for the fiscal period, compared to the previous year’s ₹0.86 crore as per its annual financial statements. This … [Read more…]