Ather Energy posts highest ever revenue of INR 995.7 Crore in Q3 FY26; EBITDA improves by 1,600 bps YoY to (-3%)

Ather Energy, one of India’s leading electric two-wheeler manufacturers, delivered its strongest-ever quarter performance in Q3 FY26. The company sold 67,851 units, capturing a national market share of 18.8%, and improved EBITDA margin by ~1,600 basis points (bps) year-on-year (YoY) to (-3%). Total income for the quarter was INR 995.7 crore, up 53% YoY. Adjusted Gross Margin (AGM) reached INR 251.3 crore in Q3 FY26, up 111% YoY. EBITDA margin narrowed significantly to (-3%), and losses continued to shrink, with EBITDA loss down to INR 29.9 crore.