PRE-MARKET INDIAN STOCKS NEWS: Ola Electric Mobility (OLAELEC IS) Q4 (INR) net loss 5.0bln (prev. loss 8.7bln Y/Y)

Apollo Hospitals Enterprise (APHS IS) - Co. Q4 (INR) net rose 35.9% Y/Y to 5.3bln, rev. rose 18.1% Y/Y to 66.1bln. (Moneycontrol)Bharti Airtel (BHARTI IS) - Ericsson said Co. introduced India’s first commercial deployment of 5G network slicing. (Economic Times)Dr Reddy’s Laboratories (DRRD IS) - Co. launched its oral semaglutide biosimilar for type 2 diabetes mellitus in India. (Economic Times)IndusInd Bank (IIB IS) - Co.’s ratings were affirmed by Moody’s, which revised the outlook to stable from negative, citing stabilisation in senior leadership and easing pressure on funding and liquidity. (Economic Times)Lenskart - Co. Q4 (INR) net fell 9% Y/Y to 2.0bln, rev. rose 46% Y/Y to 25.2bln. (Economic Times)Ola Electric Mobility (OLAELEC IS) - Co. Q4 (INR) net loss 5.0bln (prev. loss 8.7bln Y/Y). (Economic Times)Whirlpool of India (WHIRL IS) - Co. Q4 (INR) net fell 32.7% Y/Y to 0.8bln, rev. rose 8.8% Y/Y to 21.8bln. (Moneycontrol)