Quarterly Result4 May 2026, 11:35 am
Ather Energy FY26: Volumes Up 69% to 2,62,942 Units
AI Summary
Ather Energy reported a 69% YoY increase in FY26 volumes, reaching 2,62,942 units, with Q4 volumes up 76% YoY to 83,418 units. Total income rose 66% to ₹3,823 crore. Adjusted Gross Margin (AGM) increased by 116% YoY to ₹925 crore. EBITDA losses significantly reduced to ₹257 crore, with margin improving by ~1,630 bps YoY. The company expanded its retail network to 700 Experience Centres and 548 service centers.
Key Highlights
- FY26 volumes reached a record 2,62,942 units, up 69% YoY.
- Total income for FY26 increased by 66% YoY to ₹3,823 crore.
- Adjusted Gross Margin (AGM) jumped 116% YoY to ₹925 crore in FY26.
- EBITDA losses reduced to ₹257 crore, a ~1,630 bps YoY improvement.
- Retail network doubled to 700 Experience Centres during FY26.