Ather Energy Reports Improved Financials with Narrowed Losses and Record Revenue
Ather Energy shares in focus after Q4 net loss narrows to Rs 100 crore, sharp jump in revenue
The Economic Times
Image: The Economic Times
Ather Energy, an electric vehicle manufacturer based in India, reported a net loss of ₹100 crore for the March quarter of FY26, significantly improved from ₹234 crore in the previous year. Revenue surged by 74% to ₹1,175 crore, driven by increased vehicle deliveries and an expanded retail presence.
- 01Ather Energy's net loss narrowed to ₹100 crore in Q4 FY26, a 57% improvement year-on-year.
- 02Revenue from operations rose to ₹1,175 crore, marking a 74% increase compared to the previous year.
- 03The company delivered 83,418 units, a 76% year-on-year increase.
- 04EBITDA loss reduced to ₹70 crore, a decline of 60% from the previous year.
- 05Non-vehicle revenue contributed 13% to total income, indicating a diversification strategy.
Advertisement
In-Article Ad
Ather Energy, an electric vehicle manufacturer in India, reported a net loss of ₹100 crore for the March quarter of FY26, marking a significant improvement of 57% from a loss of ₹234 crore in the same period last year. The company's revenue from operations surged to ₹1,175 crore, reflecting a 74% increase compared to the previous year. This growth was supported by the delivery of 83,418 units, a 76% rise year-on-year, and the expansion of its retail footprint to 700 Experience Centres. The company also reported a narrowed EBITDA loss of ₹70 crore, down 60% from ₹173 crore a year ago. For the full financial year ending March 31, 2026, Ather Energy's total income reached ₹3,823 crore, a 66% increase driven by strong volume growth, with non-vehicle revenue contributing 13% to total income. Tarun Mehta, Co-founder and CEO, emphasized the company's focus on product-led growth and an expanded distribution network as key drivers of this performance.
Advertisement
In-Article Ad
Ather Energy's improved financial performance could lead to increased investment in production and expansion, potentially benefiting local economies and job markets.
Advertisement
In-Article Ad
Reader Poll
Do you believe Ather Energy will continue to grow in the electric vehicle market?
Connecting to poll...
More about Ather Energy
Q4 वित्तीय परिणाम: अंबुजा सीमेंट्स, एथर एनर्जी, और अन्य कंपनियों की प्रदर्शन समीक्षा
Business Standard • May 4, 2026
Tata Electronics Aims for $30 Billion in Semiconductor Market; Ather Energy Reports Q4 Revenue Surge
The Economic Times • May 4, 2026
Ather Energy Reports Narrowed Losses and Significant Revenue Growth in Q4 FY26
Business Standard • May 4, 2026
Read the original article
Visit the source for the complete story.