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News Topical, Digital Desk : Ola Electric informed after the market closed on Thursday that the company's loss has increased in the quarter ended March 2025. The company has suffered a loss of Rs 870 crore in the fourth quarter of FY 2025. Ola Electric's loss in this quarter a year ago was Rs 416 crore. This increase in the company's loss is 109 percent. In the March quarter, the company's income fell by 61.8 percent to Rs 611 crore, which was Rs 1,598 crore in this quarter a year ago.

The company has said that the company's EBITDA loss has increased to Rs 695 crore in the fourth quarter of FY 2025, which was Rs 312 crore in this quarter a year ago. Credit rating agency ICRA has reduced Ola Electric's rating from A2 to BBB+, while maintaining a negative outlook. Stock performance The company's stock closed 0.55 per cent higher at Rs 53.20 on Thursday. The company's stock has seen a decline of 41.67 per cent in the last one year. The 52-week high of the stock is Rs 157.40.


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