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Net profit or loss for Ola Cabs in financial year 2019 and 2023 (in billion Indian rupees)

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Sources

Release date

January 2024

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of Feb. 2024).

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

Citation formats

Net profit or loss for Ola Cabs FY 2019-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 15, 2024

In fiscal year 2023, Ola Cabs had net loss of *** billion Indian rupees. It was a significant decrease of loss in comparison with the previous year's **** billion rupees loss. The major share of Ola Cabs' revenue was generated by ride-hailing.

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