India, Aug. 3 -- EV major Ather Energy managed to trim its net loss in the June quarter (Q1 FY27) by 71% to Rs.51.1 Cr from Rs.178.2 Cr a year ago. Sequentially, loss shrank 49% from Rs.100.2 Cr.

Operating revenue surged 89% YoY and 4% QoQ to Rs.1,216.9 Cr. Including other income of Rs.42.7 Cr, total income for the quarter came in at Rs.1,259.7 Cr.

Meanwhile, total expenses for the quarter stood at Rs.1,310.7 Cr.

Shares of Ather were trading 0.96% higher at Rs.1,271.95 on the BSE at 15:15 IST.

(The story will be updated soon)

The post Ather Trims Q1 Loss 71% YoY To Rs.51 Cr, Revenue Jumps 89% appeared first on Inc42 Media.

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