Ola Electric reported a net loss of ₹564 crore in Q3 FY25, up from ₹376 crore a year ago, as revenue dropped 19% to ₹1,045 crore due to rising competition and service-related costs. The company incurred ₹110 crore in one-time expenses to fix service issues but expects cost normalization by FY26. Despite challenges, e-scooter registrations hit a record 3.33 lakh units, up 37.5% year-on-year.
