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, 2024•13 min
0
5 August, 2024•13 min
0
More in Business
Business
Has Devyani International turned a corner?
There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.
You may also like
Business
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
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
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.
