Ather Energy Reports Narrowed Losses and Significant Revenue Growth in Q4 FY26
Ather Energy Q4 loss narrows on strong volume growth, revenue rises sharply
Business StandardImage: Business Standard
Ather Energy, an electric two-wheeler manufacturer, reported a net loss of ₹100.2 crore in Q4 FY26, a decrease from ₹234.3 crore in the same quarter last year. Revenue surged by 73.7% to ₹1,174.6 crore, driven by record sales of 83,418 units, reflecting strong demand and improved unit economics.
- 01Q4 FY26 net loss narrowed to ₹100.2 crore from ₹234.3 crore a year ago.
- 02Revenue rose by 73.7% to ₹1,174.6 crore, driven by strong sales.
- 03Record sales of 83,418 units in Q4, a 76% year-on-year increase.
- 04Full-year revenue increased by 62.8% to ₹3,671.7 crore.
- 05Ather Energy expanded its retail network to 700 experience centres.
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Ather Energy, a prominent electric two-wheeler manufacturer, reported a net loss of ₹100.2 crore in the fourth quarter of FY26, significantly narrowing from a loss of ₹234.3 crore in Q4 FY25. This improvement was attributed to strong volume growth and enhanced unit economics, despite a sequential increase in losses from ₹84.6 crore in Q3 FY26. Revenue from operations surged by 73.7% to ₹1,174.6 crore, up from ₹676 crore in the previous year, and increased 23% sequentially from ₹953.6 crore. The company achieved record sales of 83,418 units in Q4, marking a 76% year-on-year growth. For the full fiscal year, Ather Energy reported a 62.8% increase in revenue to ₹3,671.7 crore, with total income reaching ₹3,823 crore, up 66% year-on-year. The growth was fueled by a robust demand for its family scooter, Rizta, and an expanded retail network, which now includes 700 experience centres and 548 service centres. CEO Tarun Mehta highlighted the company's focus on product-led growth and distribution scaling. Looking ahead, Ather Energy anticipates continued demand momentum, although it acknowledged potential near-term challenges from commodity costs and supply chain issues due to geopolitical factors.
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The narrowing of losses and revenue growth indicates a positive trend for Ather Energy, which may lead to increased job security and potential hiring as the company expands its operations.
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