Ather Energy shares already up 126% in 2026 and jump 5% to extend post Q2 rally today - Should you buy famous EV stock?
New Delhi, Oct. 27 -- Ather Energy shares rose nearly 5% on Tuesday, 27 October, after the electric two-wheeler maker reported a profit for the September quarter and announced plans to expand its annual production capacity by an additional 2.25 lakh units by Q2 FY28.
The company reported consolidated revenue from operations of Rs.1,464.2 crore for the July-September quarter, up 63% from Rs.898.9 crore in the corresponding period last year.
Ather Energy posted a consolidated profit after tax (PAT) of Rs.1.26 crore in Q2, compared with a loss of Rs.154 crore a year earlier. EBITDA stood at Rs.74.2 crore, marking its second consecutive quarter of positive EBITDA despite elevated commodity costs, the company said in a press release on Monda...
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