Ola Electric Shares Plunge Over 3% After Q3 Results

The company reported a 50% increase in its net loss to INR 564 Cr in Q3 FY25 from INR 376 Cr in the year-ago quarter

At the current market price, Ola Electric’s market capitalisation stood at INR 30,611 Cr

The company’s operating revenue also declined 19% to INR 1,045 Cr during the quarter under review from INR 1,296 Cr in Q3 FY24

Shares of Bhavish Aggarwal-led electric vehicle maker Ola Electric dropped over 3% to INR 69.69 on the BSE after the company reported a 50% increase in its net loss to INR 564 Cr in Q3…