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Ather Energy Smashes Expectations: Losses Shrink, Revenue Skyrockets! 🚀

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Updated on 10 Nov 2025, 01:32 pm

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Reviewed By

Aditi Singh | Whalesbook News Team

Short Description:

Electric scooter maker Ather Energy has significantly improved its financial performance in the second quarter of FY26. The company reported a net loss of INR 154.1 Cr, a 22% reduction year-on-year and a 14% cut quarter-on-quarter. Operating revenue surged by 54% year-on-year to INR 898.8 Cr, with total income reaching INR 940.7 Cr. Despite a 38% jump in expenses, Ather Energy's revenue growth outpaced cost increases, indicating strong market traction.
Ather Energy Smashes Expectations: Losses Shrink, Revenue Skyrockets! 🚀

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Detailed Coverage:

Ather Energy, a prominent player in the electric vehicle segment, has reported a notable improvement in its financial results for the second quarter of the fiscal year 2026 (Q2 FY26).

The company successfully narrowed its net loss to INR 154.1 crore. This represents a significant 22% decrease compared to the INR 197.2 crore loss recorded in the same period last year (Year-on-Year or YoY). Furthermore, Ather Energy managed to reduce its loss by 14% on a sequential basis, from INR 178.2 crore in the first quarter of FY26 (Quarter-on-Quarter or QoQ).

On the revenue front, Ather Energy witnessed substantial growth. Its operating revenue soared by 54% YoY and 40% QoQ, reaching INR 898.8 crore. Including an additional income of INR 41.8 crore, the company's total income for the quarter stood at INR 940.7 crore, marking a robust 57% increase from INR 598.9 crore in the year-ago period.

However, the company's expenses also grew, rising by 38% YoY and 28% QoQ to INR 1,094.8 crore. Despite the increase in operational costs, the strong revenue performance indicates growing demand for Ather Energy's products and improved operational efficiency.

Impact This positive financial trend for Ather Energy could signal a maturing Indian EV market, attracting further investor confidence and potentially leading to increased investment in the sector. It demonstrates that EV companies can move towards profitability while scaling operations. The improved loss ratios and strong revenue growth are key metrics investors will watch.

Difficult Terms Explained: Net Loss: The total expenses of a company exceed its total income over a specific period. Operating Revenue: The income generated from a company's core business operations, excluding other income sources. YoY (Year-on-Year): A comparison of financial data from the current period with the same period in the previous year. QoQ (Quarter-on-Quarter): A comparison of financial data from the current quarter with the immediately preceding quarter.


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