Ola Electric Mobility Limited — Important, 08-11-2024: Updates

Ola Electric Mobility Limited has released its KPI Data Book for Q2 FY25, reporting 98,619 deliveries and 125,198 premium units. The company generated ₹1,240 crore in revenue with a gross margin of 20.3%. Operating expenses amounted to ₹604 crore, resulting in an EBITDA of ₹(353) crore, reflecting a margin of -28.4%. The automotive segment revenue reached ₹1,246 crore with a gross margin of 20.6%.