Ola Electric Q4 Result Marathi News: Ola Electric Limited, the largest company in India’s electric bicyclist, announced the results of the March quarter for the financial year of Thursday evening. The results of the March quarter at this time are very disappointing. The company has informed that in this March quarter, its loss has increased by Rs 5 crore to 5 times over the last March quarter. In the last March quarter, the net loss was Rs 5 crore.
The net loss of the leading two -wheeler electric company Ola electric mobile has doubled in the March quarter of the financial year of 2, while on the other hand, the income from operations has decreased.
Revenue is also reported to have fallen in the March quarter. If we look at the statistics, the revenue on the annual basis has dropped by 5 percent to Rs 5 crore. Which was at a level of Rs.
If we look at the performance of the entire financial year 1, the net loss of the company has been recorded at the level of Rs 2 crore, which was Rs 2 crore in the last financial year. In the financial year 1, the revenue from operations fell to Rs. In the financial year 1, the revenue from the operations was Rs 5 crore. In the financial year 1, the company’s total profit was improved by 5 percent on an annual basis.
Ola Electric Limited said that in the financial year of 5, they have distributed a total of 1,9,9,9 bike vehicles. In the financial year of J9, there were 1,949 units. According to the company, the generation included in her portfolio is in good demand for 3S3 scooters. Overall, in this financial year, the company has strengthened its grip in the two -wheeler electric market and has maintained the share of 30 percent of the market.
After the stock market closed on Thursday, the stock of the electric mobile company closed at Rs 5 with a rise of 5.5 per cent. Ola stock has given a positive return of 5% in the last 6 years and 5% in a month. The total market cap of the Ola Company is Rs 5 crore.
With a huge decline in profit and revenue, the next Friday’s trading session may show a huge uproar in the shares of the Ola Company. If you already have shares, you should be ready for this movement.
