Ola Cabs Faces Financial Headwinds as Losses Deepen in FY25
Financial Performance Overview Ola Cabs, the ride-hailing giant operated by ANI Technologies, reported a significant widening of its losses to ₹662.4 crore for the 2025 fiscal year. This financial downturn comes alongside a sharp decline in consolidated revenue, which plummeted by approximately 42% to ₹1,170.9 crore, down from ₹2,011.9 crore in the previous fiscal year….