Ola Electric’s Auditor Flags Inventory Control Lapses

Ola Electric’s statutory auditors flagged ‘material weakness’ for in-physical verification of scooters at its stores and state distribution centres for one of its wholly-owned subsidiaries

Its subsidiary Ola Electric Technologies Pvt Ltd also faced a “suspected fraud” in FY25, committed by its employees involving an amount of over INR 1 Cr, the auditor remarked in the company’s annual report

The company faced public backlash over poor after-sales service, violations of…