Ola Electric's loss widens to ₹564 crore in Q3, revenue dips 19%

Ola Electric's net loss widened to ₹564 crore in Q3, compared to ₹376 crore during the same quarter in the last financial year. The EV maker's revenue also dipped 19.4% to ₹1,045 crore in Q3 from ₹1,296 crore in Q3 FY24. Shares of the Bhavish Aggarwal-led company dipped more than 2% after the results were announced on Friday.