Ather Energy Q1 Results: Loss Narrows, Revenue Up 79%
The e-scooter maker's revenue, however, saw a 79% surge to Rs 645 crore,
Ather Energy Ltd. logged a net loss of Rs 178 crore in the first quarter of fiscal 2026, according to the financial results declared by the electric two-wheeler manufacturer on Monday.
The company's net loss in the same quarter last year stood at Rs 183 crore.
Ather Energy Q1 Highlights (YoY)
Revenue up 79% to Rs 645 crore versus Rs 361 crore.
Ebitda loss at Rs 134 crore versus loss of Rs 128 crore.
Net loss of Rs 178 crore versus loss of Rs 183 crore.
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Ather Energy's share price surged over 13% shortly after the Q1 results were announced.
Shares of Ather Energy were trading 14.01% higher at Rs 395.95 apiece, compared to a 0.62% rise in the benchmark Nifty 50. The stock has risen 23.35% in the last 12 months.
Four analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 16.7%.
