Back

Rohan Saha

Founder - Burn Inves...ย โ€ขย 17h

Ola Electric shared its financial update today this time the company saw a bigger loss around โ‚น428 crore compared to โ‚น347 crore during the same time last year even the operating revenue took a hit falling by nearly half this year it came down to โ‚น828 crore while last year it was โ‚น1,644 crore hard to say anything positive about this performance they keep talking big but on the ground not much seems to be moving i really feel for the people who put their money into the IPO or right after most of it probably just vanished.

2 Replies
11
1
Replies (2)

More like this

Recommendations from Medial

Image Description

Mahendra Lochhab

Content creatorย โ€ขย 5m

Zomato made a profit of โ‚น59 crore in Q3FY 25, which is 57% less than the same quarter last year. Zomato's revenue has increased by 64% from the same quarter last year to Rs 5,404 crore.

1 Reply
9

Startopia news

Your daily dose of s...ย โ€ขย 1m

For years, Delhivery, one of India's biggest logistics startups, was running at a loss. But FY25 changed the game. In the fourth quarter alone, Delhivery posted a profit of โ‚น72.6 crore - a big turnaround compared to the 68.5 crore loss in the same qu

See More
Reply
2
13

Mahendra Lochhab

Content creatorย โ€ขย 5m

Ola Electric reported consolidated loss of โ‚น564 crore for the Q3Fy25 as compared to โ‚น376 crore posted in the year-ago period. The company's revenue from operations stood at โ‚น1,045 crore, down from โ‚น1,296 crore reported in the corresponding quarter of

See More
Reply
5
Image Description
Image Description

Jeet Sarkar

Technology, Developm...ย โ€ขย 1y

Cognizant CEO Ravi Kumar Singisetti received compensation totalling 186 crore last year, making him the highest-paid Indian executive in the IT sector, according to a report by Mint. As per the company's filings, Singisetti received shares valued at

See More
6 Replies
14
Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 7m

The central government has collected GST of โ‚น 1.82 lakh crore in November 2024. This GST collection is 8.5% more than the GST collection in November last year. In November 2023, the government has collected GST of โ‚น 1.68 lakh crore.

5 Replies
7
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 8m

Karwa Chauth alone will generate โ‚น22000 crore worth business across India: CAIT reveals data The number is way over โ‚น15,000 crore revenue that was made last year

1 Reply
5
Image Description

Tushar Aher Patil

Trying to do betterย โ€ขย 8m

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

See More
1 Reply
4

gray man

I'm just a normal gu...ย โ€ขย 2m

Amid intense competition in the quick commerce space, Blinkitโ€™s adjusted EBITDA loss soared over 381% year-on-year to INR 178 crore in Q4 FY25, compared to INR 37 crore in the same quarter last year. On a sequential basis, the loss increased nearly

See More
Reply
16

gray man

I'm just a normal gu...ย โ€ขย 2m

Eternal, led by Deepinder Goyal, reported a steep 77.8% decline in its consolidated profit after tax (PAT), which dropped to INR 39 crore in Q4 FY25 from INR 175 crore in the same quarter last year. The sharp fall in profits comes despite strong reve

See More
Reply
27

Download the medial app to read full posts, comements and news.