Ola Consumer, Ola Group’s ride-hailing arm, more than doubled its net loss to ₹662.4 crore in FY25 as operating revenue dropped 41.8% to ₹1,170.9 crore. Losses accumulated to ₹21,212.6 crore alongside debt of over ₹586 crore, though the firm says liquidity is sufficient. Costs fell overall, but marketing surged 117.9% and an IPO process is underway.
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