Ola Electric Revenue Surges to Rs 2,782 cr in FY23
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.
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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