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SUMMARY
The EV maker’s loss for the fiscal year under review zoomed 89% to INR 116.3 Cr from INR 61.6 Cr loss incurred in the previous fiscal year
In the same time frame, the startup’s operating revenue surged 114% to INR 32.3 Cr from INR 15.1 Cr in the previous fiscal year
Ultraviolette total expenditure rose 76% YoY to INR 188.7 Cr
EV bike maker Ultraviolette continued to bleed heavily in the fiscal year FY25 despite registering a notable uptick in its top line. The EV maker’s loss for the fiscal year under review…
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