Ather Turns Profitable, Paytm Q2 PAT Rockets & More
India, Oct. 27 -- Ather's Profit Milestone Meets A Manufacturing Crunch
Electric two-wheeler maker Ather Energy turned its maiden profit in Q2 FY27, and now plans to sustain its growth momentum via accelerated investments in its manufacturing capabilities as demand continues to outpace its production.
Let's steal a glance at the OEM's Q2 FY27 numbers:
Net profit of Rs.1.3 Cr against a net loss of Rs.154.1 Cr in Q2 FY26
Operating revenue climbed 62.9% to Rs.1,464.2 Cr, up 20.3% QoQ
EBITDA profit widened to Rs.74.2 Cr from Rs.9 Cr a year ago
Sales of scooters rose 42% YoY to 93,211 units
Other Income Drives Maiden Profit: After 13 years of innovating EV technology, Ather Energy posted its first-ever profitable quarter after turning E...
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