08-11-2024 04:45 PM | Source: Reuters
Indian e-scooter maker Ola Electric`s Q2 loss narrows as sales jump
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Ola Electric, India's top e-scooter maker, reported a narrower second-quarter loss on Friday, helped by a jump in sales and lower raw material costs.
The Bengaluru-based company said its consolidated loss narrowed to 4.95 billion rupees ($58.7 million) in the July-September quarter from 5.24 billion rupees a year earlier.
($1 = 84.3410 Indian rupees)
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