Ola’s deficit doubled, reached ₹ 870 crore: The company’s revenue decreased by 62% in the fourth quarter; Share dropped 39% in 6 months

India’s third major electric two-wheeler manufacturer Ola Electric Mobility has suffered a net loss of Rs 870 crore in the fourth quarter of FY 2024-25. The company suffered a loss of Rs 416 crore in the same quarter of a year ago. The company’s loss has increased by 50% on an annual basis.

The company has released the results of the third quarter today (May 29, Thursday). Talking about the company’s revenue from the operation, it has been Rs 611 crore in the January March quarter. The deficit is doubled on an annual basis.

In the same quarter of a year ago, the company generated a revenue of Rs 1,598 crore. The amount received from selling goods and services is called revenue or revenue.

Ola reached third in vehicle sales

Apart from this, Ola has reached number three in terms of electric sales. According to the vehicle portal, the company’s market share has reduced to 20% in May. Sales of vehicles have declined by 60% over the last year.

In May of 2025, only 15,221 vehicle registers were registered, compared to 37,388 in May last year. The old player TVS motor is at number one with 25% market share. Bajaj Auto ranks second with 22.6% stake. The market share of Ather Energy declined from 14.9% of April to 13.1% in May.

Ola Electric’s stock dropped 38% this year

On Thursday, Ola Electric’s stock rose by 0.5% to close at ₹ 53.20. Ola shares have climbed more than 6% in a month. At the same time, the stock has broken more than 41% in the last one year. Ola’s market capital is 22.20 thousand crores.

What is standalone and Consoleeded?

Companies’ results come in two parts- Standalone and Consolidated. Financial performance of only one unit is shown in standalone. Whereas, the entire company reports are given in the consolidated or consolidated financial report.

Ola electric mobility was established in 2017

Ola Electric Mobility in Bangalore was established in 2017. The company mainly manufactures electric vehicles, battery packs, motors and vehicle frames at the Ola Future Factory.