Ola Electric’s Q4 Snapshot, Razorpay’s Homecoming & More

Ola Electric’s Burn Gets Deeper In Q4

Ola Electric’s loss-making spree extended into Q4 FY25 as well. The EV maker’s net losses doubled as “execution challenges” and intensifying competition took a toll on its sales and ate into its market share. 

Overall, the OEM’s net loss skyrocketed 109% YoY to INR 870 Cr in Q4 FY25 while operating revenue crashed 62% YoY to INR 611 Cr. 

Meanwhile, here are the key takeaways from Ola Electric’s full FY25:

• Net losses surged 44% YoY to INR 2,276 Cr 
• Top line shrunk 10% YoY to INR 4,514 Cr