Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for the March quarter, marking a contraction of 42.5% from Rs 870 crore reported in the same period last year. This is attributable to the owners of the company.
The company’s revenue from operations came in at Rs 265 crore, down 57% from Rs 611 crore it posted in the corresponding quarter of the previous financial year.
