Ola Electric Revenue Surges to Rs 2,782 cr in FY23
Dec 11, 2023 17:10
Ola Electric's total revenue skyrocketed to Rs 2,782 crore in FY23, driven by new product launches and network expansion. Learn more about Ola's financial performance and future plans.
Photograph: Courtesy Ola Electric
New Delhi, Dec 11 (PTI) Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in 2022-23.
The total revenue of Ola Electric Mobility Business stood at Rs 456 crore in 2021-22, it said in a statement.
The company said it has set in motion a number of initiatives like new product introductions, sales and service network expansion and strengthening of R&D function for growth and profitability.
Ola currently sells S1 Pro (2nd Generation), S1 Air and S1 X in three variants.
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