Ather Trims Q1 Loss 71% YoY To Rs.51 Cr, Turns EBITDA Positive
India, Aug. 3 -- EV major Ather Energy narrowed 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, growing 54% YoY.
The company turned EBITDA profitable during the quarter under review, posting an EBITDA of Rs.9 Cr against an EBITDA loss of Rs.106 Cr in the year-ago quarter. EBITDA margin stood at 1% against -16% in Q1 FY26.
Meanwhile, Ather delivered 83,173 units in the three months ended June 30, marking a 81% growth from the y...
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