India, May 7 -- Ola Consumer, the ride-hailing arm of the Ola Group, reported a steep 101.5% increase in its net loss for FY25 to Rs.662.4 Cr from Rs.328.7 Cr in the previous fiscal year.

The company, formerly known as Ola Cabs, filed its annual financial statement earlier this week, over six months after the filing deadline.

Once India's top ride-hailing application, Ola Consumer saw its operating revenue decline 41.8% to Rs.1,170.9 Cr in FY25 from Rs.2,011.9 Cr in the previous year. Its main income source was the sale of services, including commission income and convenience fees, which fell 41% YoY to Rs.1,093.4 Cr.

Including other income, total income during the year under review declined to Rs.1,368.9 Cr. Other income comprised pro...