Ola Electric reports total revenue of Rs 2,782 crore in FY23

Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in 2022-23.

Ola Electric reports total revenue of Rs 2,782 crore in FY23
The total revenue of Ola Electric Mobility Business stood at Rs 456 crore in 2021-22, it said in a statement. Image Source: olaelectric.com

Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in 2022-23.

The total revenue of Ola Electric Mobility Business stood at Rs 456 crore in 2021-22, it said in a statement.

The company said it has set in motion a number of initiatives like new product introductions, sales and service network expansion and strengthening of R&D function for growth and profitability.

Ola currently sells S1 Pro (2nd Generation), S1 Air and S1 X in three variants.

 

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Written By: PTI
Updated: Mon, Dec 11, 2023
05:23 PM IST
PTI
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