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Ola Electric Mobility Limited — Updates, 01-06-2026: General Updates
01-06-2026 | 01:14 pm
01-06-2026 | 01:14 pm
Ola Electric's board approved FY26 consolidated financials. Revenue hit INR 2,253 Cr, a significant drop, though net loss narrowed. Auditors issued a qualified opinion on controls due to inventory issues in a subsidiary. Company, facing negative operating cash flow, plans a QIP and reallocates prior IPO funds.
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