Ather Turns Profitable In Q2, Posts Rs.1.3 Cr PAT
India, Oct. 26 -- EV maker maker Ather Energy turned profitable in the September quarter of FY27, reporting a consolidated net profit of Rs.1.3 Cr against a net loss of Rs.154.1 Cr in the corresponding quarter last year.
The company had reported a net loss of Rs.51.1 Cr in the preceding June quarter.
Operating revenue surged 62.9% to Rs.1,464.2 Cr in Q2 FY27 from Rs.898.9 Cr a year earlier. On a sequential basis, revenue increased 20.3% from Rs.1,216.9 Cr.
Including other income of Rs.62.7 Cr, Ather's total income stood at Rs.1,527 Cr during the quarter, compared with Rs.940.7 Cr a year earlier.
While the company turned profitable, other income remained crucial to the outcome. Its operating revenue was Rs.61.5 Cr lower than total expe...
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