Ather Trims Q1 Loss 71% YoY To ₹51 Cr, Revenue Jumps 89%
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EV major Ather Energy managed to trim its net loss in the June quarter (Q1 FY27) by 71% to ₹51.1 Cr from ₹178.2 Cr a year ago. Sequentially, loss shrank 49% from ₹100.2 Cr.
Operating revenue surged 89% YoY and 4% QoQ to ₹1,216.9 Cr. Including other income of ₹42.7 Cr, total income for the quarter came in at ₹1,259.7 Cr.
Meanwhile, total expenses for the quarter stood at ₹1,310.7 Cr.
Shares of Ather were trading 0.96% higher at ₹1,271.95 on the BSE at 15:15 IST.
(The story will be updated soon)
The post Ather Trims Q1 Loss 71% YoY To ₹51 Cr, Revenue Jumps 89% appeared first on Inc42 Media.
