Ather Trims Q1 Loss 71% YoY To ₹51 Cr, Turns EBITDA Positive
Superadmin
EV major Ather Energy narrowed 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, growing 54% YoY.
The company turned EBITDA profitable during the quarter under review, posting an EBITDA of ₹9 Cr against an EBITDA loss of ₹106 Cr in the year-ago quarter. EBITDA margin stood at 1% against -16% in Q1 FY26.
Meanwhile, Ather delivered 83,173 units in the three months ended June 30, marking a 81% growth from the year-ago quarter.
It noted that customer demand across the portfolio continued to outpace available production during the quarter.
(The story will be updated shortly.)
The post Ather Trims Q1 Loss 71% YoY To ₹51 Cr, Turns EBITDA Positive appeared first on Inc42 Media.
