Ola Cabs's parent posts ₹1,974.7cr FY25 loss amid late filings
NewsBytes | May 7, 2026 10:39 AM CST
Ola Electric decline causes ₹1,312cr hit
A big chunk of the loss, ₹1,312 crore, came from a decline in Ola Electric's share value between August 2024 and March 2025 (reported in FY25).
Even without that hit, operational losses nearly doubled to ₹662.4 crore compared to fiscal year 2024.
Outgoing auditor S. R. Batliboi flagged issues with impaired loans and a massive write-off involving subsidiaries, but Ola's board signed off on the changes as per accounting rules.
Meanwhile, board meetings were rare and statutory deadlines were missed, so governance is definitely under scrutiny right now.
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