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Quarterly Result3 Aug 2026, 03:38 pm

Ather Energy Q1 FY27 Revenue ₹1,260 Cr, Net Loss Narrows to ₹51 Cr

AI Summary

Ather Energy reported a strong Q1 FY27 with consolidated total income surging 87.2% YoY to ₹1,260 crore. The company achieved a positive EBITDA of ₹9 crore, a significant improvement from a loss of ₹106 crore in the prior year, and narrowed its net loss to ₹51 crore from ₹178 crore. This growth was driven by an 80.5% YoY increase in unit deliveries to 83,173, with demand outstripping supply. Software subscriptions and services now contribute 14% of revenue. The company is also preparing for the launch of its first product on the new EL platform on August 29, 2026, and expanding production capacity with Factory 3.0 aiming for 1.42 million units annually.

Key Highlights

  • Consolidated total income rose 87.2% YoY to ₹1,260 crore in Q1 FY27.
  • EBITDA turned positive at ₹9 crore, a substantial YoY improvement.
  • Net loss narrowed to ₹51 crore from ₹178 crore in the same quarter last year.
  • Unit deliveries increased 80.5% YoY to 83,173 units.
  • New EL platform product launch and capacity expansion are underway.