Ola Consumer’s Loss Doubles To ₹662.4 Cr In FY25

by · Inc42

SUMMARY

  • The company, formerly known as Ola Cabs, filed its annual financial statement earlier this week, over six months after the filing deadline
  • Its main income source was the sale of services, including commission income and convenience fees, which fell 41% YoY to ₹1,093.4 Cr
  • The company said it is taking cost optimisation initiatives to reduce operating expenses and improve cash flows