Ola Electric, India's top e-scooter maker by market share, reported a narrower second-quarter loss on Friday helped by a jump in sales, and said the recent surge in service requests was largely for "minor issues.

On a standalone basis, Ola Electric’s income for the quarter stood at Rs 53 crore, up from Rs 37 crore in the prior year’s quarter. Expenses decreased to Rs 39 crore from Rs 43 crore, helping limit the quarterly loss to Rs 11 crore, compared to Rs 7 crore in the previous period.

Ola Electric Mobility saw a smaller loss in the recent quarter. Their revenue increased, helped by selling more electric scooters. They sold 98,619 sc

Ola Electric, India's top e-scooter maker by market share, reported a narrower second-quarter loss on Friday, helped by a jump in sales. The Bengaluru-based company said its consolidated loss narrowed to 4.

Ola Electric on November 8 said its net loss narrowed in second quarter, helped by a jump in sales and lower raw material costs. The Bengaluru-based company said its consolidated loss narrowed to Rs 495 crore in the July-September quarter from Rs 524 crore ...

Ola Electric Mobility's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at a loss of ₹379 crore, which is narrower than the loss of ₹435 crore that it had reported in the year-ago quarter.