Ola Consumer FY25 revenue craters 42% to Rs 1,171 cr; losses double to Rs 662 cr
Ola Consumer's core mobility business shrank 47% to Rs 925 crore in FY25 as ride-hailing competition from Uber and Rapido intensified. Total revenue fell to Rs 1,171 crore while net losses doubled from Rs 329 crore in FY24 to Rs 662 crore, raising fresh concerns about the consumer arm's path to profitability.
Ola Consumer's FY25 revenue dropped 42% to Rs 1,171 crore and losses doubled to Rs 662 crore, with core mobility revenue down 47% as ride-hailing competition intensified.
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- Moneycontrol — 1h after first sighting
- Moneycontrol — 1h after first sighting