Ola Electric shares slide 6% in 2 days after company’s Q3 loss widens YoY

February 10, 2025

Ola Electric’s stock fell 3.44% after reporting a Q3FY25 net loss of Rs 564 crore, widening from Rs 376 crore YoY. Revenue declined 19% to Rs 1,045 crore. Deliveries dropped to 84,029 units. Goldman Sachs maintained a ‘Buy’ rating with a Rs 101 target, citing strong revenue and in-house component integration in the Gen 3 portfolio.

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