Ola Electric Mobility
OLAELEC.NS
#3423
Rank
HK$25.81 B
Marketcap
HK$6.19
Share price
-3.04%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Ola Electric Mobility (OLAELEC.NS)

Operating Margin at the end of 2023: -52.46%

According to Ola Electric Mobility's latest financial reports and stock price the company's current Operating Margin is -52.45%. At the end of 2023 the company had an Operating Margin of -52.46%.

Operating Margin history for Ola Electric Mobility from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-52.46%-74.82%
2022-208.30%-99.1%
2021-23,209.59%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.