Latest News | Ola Electric Reports Total Revenue of Rs 2,782 Cr in FY23

New Delhi, Dec 11 (PTI) Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in 2022-23.

The total revenue of Ola Electric Mobility Business stood at Rs 456 crore in 2021-22, it said in a statement.

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The company said it has set in motion a number of initiatives like new product introductions, sales and service network expansion and strengthening of R&D function for growth and profitability.

Ola currently sells S1 Pro (2nd Generation), S1 Air and S1 X in three variants.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)