Ola Consumer FY25 revenue plunges 42% and losses double as IPO prep intensifies

Published on 7 May 2026

Credit rating pressure hits even as IPO plans move ahead

Ola Consumer says it is pressing ahead with IPO preparations, but its latest financials tell a tougher story. FY25 revenue fell 42% and losses more than doubled, with the company also losing market share to competitors. The squeeze has even affected its credit rating. Ola Electric, Bhavish Aggarwal’s other venture, is reportedly facing similar revenue stress.

FY25 revenue fell 42% for Ola Consumer
Losses more than doubled amid falling market share
Financial stress has impacted the company credit rating
Ola Electric is also dealing with revenue challenges

#revenue drop #ola consumer #credit rating #losses #ipo

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Ola Consumer FY25 revenue plunges 42% and losses double as IPO prep intensifies

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