Ola Consumer FY25 revenue craters 42% to Rs 1,171 cr; losses double to Rs 662 cr

Ola Consumer's core mobility business shrank 47% to Rs 925 crore in FY25 as ride-hailing competition from Uber and Rapido intensified. Total revenue fell to Rs 1,171 crore while net losses doubled from Rs 329 crore in FY24 to Rs 662 crore, raising fresh concerns about the consumer arm's path to profitability.

— FiledSun, 31 May, 2026, 20:50 IST·First seen Sun, 31 May, 2026, 20:49 IST·Source Moneycontrol · News Web

What happened

Ola Consumer's FY25 revenue dropped 42% to Rs 1,171 crore and losses doubled to Rs 662 crore, with core mobility revenue down 47% as ride-hailing competition

Key facts

  • Revenue Rs 1,171 crore (-42%)
  • Losses Rs 662 crore (2x)
  • Mobility revenue Rs 925 crore (-47%)
  • FY24 loss Rs 329 crore

Why this matters

Ola Consumer's accelerating decline opens a window to poach mobility talent, acquire distressed assets, or pursue a consolidation play as the ride-hailing duopoly of Uber and Rapido tightens.

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