Search result for 'accumulated loss'

The Brihanmumbai Municipal Corporation (BMC) has allocated Rs 1,000 crore for BEST bus services in its FY 2025-26 budget, acknowledging the undertaking's financial challenges. The funds will be...

Ola Mobility CEO Hemant Bakshi has resigned, and the company is planning to lay off 10-15% of its staff. The ride-hailing division reported a narrowing of losses in FY23.

Ola's net loss narrowed to Rs 772.25 crore in FY23, driven by revenue growth and operational profit in its Indian mobility business. The company is focusing on sustainable growth and electrification.

Ola's net loss narrowed to Rs 772.25 crore in FY23, while its revenue from operations increased by 48%. Learn more about Ola's financial performance.