Ola Electric Mobility Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting

Ola Electric Mobility Limited has announced a board meeting on the review of financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue from operations of ₹1,045 Cr and a total income of ₹1,172 Cr for the quarter. However, it faced a loss before tax of ₹564 Cr. The total comprehensive loss for the period stood at ₹562 Cr. The board will discuss strategic and operational updates, reflecting on significant revenue trends and expenditure management. The decisions made in the meeting may impact future business strategies.