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Brokerage shows discomfort at Ola Electric s rush for IPO instead of first stabilizing internal operations

Ola Electric Mobility (Ola Electric) has always been in limelight for various reasons (-ve as well as +ve), the current buzz is its upcoming IPO, says JM Financial Institutional Securities in a report.While the company has taken an early lead .

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ANI Technologies: Ola sees FY23 loss narrow by 65% to Rs 1,082 crore

OLA FY23 Revenue: ANI Technologies also houses Olas subsidiaries including Ola Financial, Ola Fleet and Ola Stores. On a consolidated basis, the firm reported Rs 772 crore in loss, while sales income came up to Rs 2,799 crore.

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Ola narrows loss by 65 per cent to ₹1,082 crore in FY23 - The Hindu BusinessLine

Ola narrows loss by 65 per cent to ₹1,082 crore in FY23 - The Hindu BusinessLine
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Key takeaways from Ola Electric s DRHP filing

Key takeaways from Ola Electric s DRHP filing
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Ola Electric s FY22 loss widens to Rs 784 crore, consolidated revenue jumps to Rs 373 crore

The company saw its expenses zoom to Rs 1,240 crore registering an increase of 306 per cent year-on-year (YoY). The company’s employee benefit expense amounted to Rs 282 crore in FY22 up from Rs 197 crore in FY21

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