New Delhi, Oct. 27 -- Ather Energy Ltd has finally eked out a quarterly net profit. Investors are euphoric, taking the stock up as much as 22% in two days, moving closer to its all-time high of Rs.1,744 hit on 1 September.

Operating revenue grew 63% year-on-year to Rs.1,464 crore during the September quarter (Q2FY27), while net profit stood at Rs.1.26 crore-the first positive quarterly bottom line reported by the electric two-wheeler maker.

Although commodity price pressures have sustained through FY27 so far, Ather turned Ebitda-profitable with a 0.8% margin versus a negative 2.7% in Q1. The Q2 Ebitda margin including other income stands at 5.1%, compared with 0.8% in Q1.







The turnaround has been led by operating leverage even as...