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Ola Electric Mobility (NSE:OLAELEC) Other Income (Expense) : ₹1,510 Mil (TTM As of Sep. 2024)


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What is Ola Electric Mobility Other Income (Expense)?

Ola Electric Mobility's other income expense for the Ola Electric Mobility's pretax income for the three months ended in Sep. 2024 was ₹1,000 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1,510 Mil.

Ola Electric Mobility Other Income (Expense) Historical Data

The historical data trend for Ola Electric Mobility's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ola Electric Mobility Other Income (Expense) Chart

Ola Electric Mobility Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Other Income (Expense)
6.91 -73.01 -711.14 733.03

Ola Electric Mobility Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Other Income (Expense) Get a 7-Day Free Trial 340.00 490.00 - 510.00 1,000.00

Ola Electric Mobility Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,510 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ola Electric Mobility  (NSE:OLAELEC) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Ola Electric Mobility Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ola Electric Mobility Ltd (NSE:OLAELEC) » Definitions » Other Income (Expense)
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Traded in Other Exchanges
544225:India
Address
Hosur Road, Municipal Ward No.67, Wing C Star Tech, Municipal No. 140 Industrial Layout, Koramangala, Bengaluru, KA, IND, 560 095
Website
https://www.olaelectric.com
Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.

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