Mumbai, May 4 -- Bengaluru-based electric vehicle maker Ather Energy has announced its strongest-ever performance in FY2026, characterised by record sales volumes and significant improvements in financial margins.

In FY2026, the company sold 262,942 electric two-wheelers, marking a 69 percent YoY growth. This translated to a revenue of INR 38.23 billion, up 66 percent YoY, EBITDA losses reduced to INR 2.57 billion from INR 5.31 billion a year ago, net loss dropped to INR 5.17 billion, as compared to INR 8.12 billion in FY2025.

In Q4, the company witnessed 76 percent YoY growth with sales of 83,418 electric two-wheelers, which translated to a 18.6 percent market share.

The company said its non-vehicle revenue - income from software, cha...