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
IPO-bound Ola Electric posted a net loss of Rs 784.1 crore in the financial year FY22, a four times jump from Rs 199.2 crore in FY21.The company finally published its financial results for fiscal year 2021-2022, registering Rs 373 crore in .
New Delhi, Aug 10 (IANS) IPO-bound Ola Electric posted a net loss of Rs 784.1 crore in the financial year FY22, a four times jump from Rs 199.2 crore in FY21.