ICRA Downgrades Ola Electric's Debt Rating Amid Sluggish Sales And Profitability Challenges

Ratings agency ICRA Limited has downgraded the debt rating of Ola Electric Mobility Limited's automotive unit due to slower-than-expected sales and a challenging road to profitability.

May 5, 2025 - 18:50
 0  2
ICRA Downgrades Ola Electric's Debt Rating Amid Sluggish Sales And Profitability Challenges
Ratings agency ICRA Limited has downgraded the debt rating of Ola Electric Mobility Limited's automotive unit due to slower-than-expected sales and a challenging road to profitability.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow