Ola Consumer’s FY24 Loss Declines 57% To INR 329 Cr

The decline in loss came on the back of a sharp 42.28% reduction in employee benefit expenses

Ola Consumer’s parent ANI Technologies saw its operating revenue slip 5.48% YoY to INR 2,011.9 Cr in FY24

Ola Consumer said its EBITDA (excluding discontinued operations) grew to INR 271 Cr during the year from INR 87 Cr in FY23

IPO-bound Ola Consumer’s parent ANI Technologies reported a 57.46% decline in its consolidated net loss to INR 328.5 Cr in the financial year (2023-24) from INR 772.2 Cr in the previous fiscal…