Ola Electric shares hit another record low ahead of Q1 results
Ahead of its Q1 results on Monday, July 14, Ola Electric shares remain under pressure, weighed down by a weak Q4 performance. The company posted a net loss of Rs 870 crore in the March quarter, over double last years Rs 416 crore loss. Revenue plunged 62% year-on-year to Rs 611 crore, as vehicle deliveries fell sharply to 51,375 units from 1.15 lakh. | Source: The Economic Times
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