Ola Electric's operating revenue decreased by 26% to Rs 1,214 crore in Q2 FY25, from Rs 1,644 crore in Q1 FY25

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The startup's sales increased by 39% year on year, from Rs 873 crore in Q2 FY24

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In a shareholders letter, the startup credited the year-on-year gain to a 73.6% increase in deliveries, reaching 98,619 units in Q2 FY25

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Revenue from the automotive category was Rs 1,215 crore, while the cell segment contributed Rs 1 crore

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In Q2 FY25, the firm's total income was Rs 1,314 crore, including Rs 100 crore from other sources

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Ola Electric's material costs increased by 20.3% to Rs 989 crore from Rs 822 crore in Q2 FY24

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The cost decreased by 26.25 percent from Rs 1,341 crore in Q1 FY25. Total expenses for Q2 FY25 are Rs 1,593 crore, up 21.8% from Rs 1,308 crore in Q2 FY24

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The company reported a net loss of Rs 495 crore, up 42.65% from Rs 347 crore in Q1 FY25

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In Q1 FY25, Ola Electric's competitor Ather reported a net loss of Rs 183 crore while generating Rs 339 crore in revenue

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Ola Electric regained market share in October, with increased sales during the festive season

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