Tag: ola

NEW DELHI: ANI Technologies, which runs Ola, has reported loss of Rs 1,522 crore on a consolidated basis for the year ended March 31, 2022. The ride-hailing major had posted loss of Rs 1,116 crore in FY21, the company's financials sourced from market intelligence platform Tofler showed.Even as the the ride hailing major's business recovered from the pandemic led disruption - reflected in its revenue from operations which widened to Rs 1,970 crore in FY22 from Rs 983 crore in FY21 - expenses increased by 68% y-o-y to...