- Ather Energy reported consolidated total income of ₹1,260 crore for the quarter ended June 30, 2026, an increase of 87.2% compared with the same period last year.
- Ather Energy delivered 83,173 electric scooters in Q1 FY27, registering 80.5% year-on-year growth, with demand continuing to exceed available production capacity.
- Ather Energy achieved a positive EBITDA (earnings before interest, taxes, depreciation, and amortization) for the first time: consolidated EBITDA stood at ₹9 crore versus a ₹106 crore loss a year earlier, while EBITDA margin improved by 1,650 basis points to 0.8%.
- Ather Energy consolidated net loss narrowed to ₹51 crore from ₹178 crore; its wholly owned subsidiary Ather Insurance Limited reported a net loss of ₹0.22 crore during the quarter.
- To meet demand, Ather Energy is expanding capacity at Factory 3.0 in AURIC, Chhatrapati Sambhaji Nagar; the first phase, with annual capacity of 5 lakh electric two-wheelers, is expected to start in Q3 FY27, and total installed capacity will reach 1.42 million units annually once both phases are completed.
- Ather Energy will unveil the first production scooter on its all-new EL platform at Ather Community Day 2026 on August 29; CEO Tarun Mehta said strong demand, the EL-platform launch and the commissioning of the new manufacturing facility will position Ather for its next phase of growth.
Ather Energy's Q1 results reveal a significant turnaround, with a consolidated net loss narrowing to ₹51 crore, down from ₹178 crore a year earlier. The company achieved its first positive EBITDA of ₹9 crore, a stark contrast to the ₹106 crore loss in the same quarter last year.12345678910111213
Total income soared by 87.2% to ₹1,260 crore, driven by the delivery of 83,173 electric scooters, marking an 80.5% year-on-year growth. This surge in demand has outstripped production capacity, prompting Ather to expand its manufacturing capabilities with the new Factory 3.0 at AURIC in Chhatrapati Sambhaji Nagar, expected to begin operations in Q3 FY27.
Despite rising raw material costs, Ather managed to protect its margins through strategic price adjustments and improved operational efficiency, as reflected in an EBITDA margin improvement of 1,650 basis points to 0.8%. The company also reported a consolidated Adjusted Gross Margin of ₹282 crore, up 82.3% from the previous year.
CEO Tarun Mehta emphasized the strong demand and favorable market conditions, stating that the upcoming launch of the new EL platform will further enhance Ather's growth trajectory in India's expanding electric two-wheeler market.
“Ather delivered 83,173 electric scooters in Q1 FY27, up 80.5% year-on-year, with demand still exceeding production capacity. CEO Tarun Mehta said the EL-platform scooter debut at Ather Community Day on August 29 and the Factory 3.0 ramp-up will drive the next growth phase.”
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