New Delhi, May 7 -- New Delhi,

Bengaluru :

Ola Consumer, formerly known as Ola Cabs, reported a steep fall in revenue and record losses for FY25, even as the company came under scrutiny for filing its annual financial statement over six months after the statutory deadline of 30 October.

According to filings made with the corporate affairs ministry on Tuesday, Ola Consumer's consolidated revenue from operations fell 41% to Rs.1,171 crore in FY25, while it posted a loss of Rs.1,974.7 crore compared with a profit of Rs.531.4 crore a year earlier.

The consolidated loss included a Rs.1,312 crore loss in the value of Ola Electric's shares between August 2024 and March 2025. Stripping this loss in value of the share price of Ola Electric, Ol...