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.
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%.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
