Ola Electric will never show a profit. Here’s why.

A simple exercise involving its publicly shared numbers shows that the EV maker will probably never break even, making the case for investment in its ongoing IPO all the more baffling.

5 August, 202413 min
0
Ola Electric will never show a profit. Here’s why.

You may also like

Business
Story image

JSW Energy’s acquisition engine is working—and that is a worry

Rapid asset purchases are driving generation growth, but rising debt and weaker cash flows are testing investor confidence.

Internet
Story image

Why SoftBank has shunned India

For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.

Business
Story image

Ten business developments for 2026

Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.