Ather Energy Q4 FY26 Loss Narrows To ₹100 Crore As Revenue Jumps 74%

By Kotak News Desk
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04 May 2026 at 1:46 PM IST
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Market News
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Summary

Ather Energy narrowed its Q4 loss to ₹100 crore as revenue rose 74%. Record deliveries, retail expansion, and strong Rizta demand drove growth, while EBITDA losses halved and annual sales climbed 69%.

Ather Energy reported a sharp narrowing of its net loss in the March quarter, helped by strong revenue growth and record deliveries. The electric two-wheeler maker posted a net loss of ₹100 crore for the January–March period. This compares with a loss of ₹234.4 crore in the same quarter last year, according to an exchange filing.

Revenue for the quarter rose almost 74% year-on-year (YoY) to ₹1,174.4 crore, up from ₹676 crore a year ago. The growth came alongside a sharp increase in volumes.

At 12:14 pm, Ather Energy shares were trading at ₹919.05 a piece on the National Stock Exchange (NSE).

EBITDA Loss Halves As Volumes Hit Record

Losses at the operating level also declined. Earnings before interest, tax, depreciation and amortisation (EBITDA) loss narrowed to ₹70 crore from ₹173 crore in the year-ago period.

The company said it delivered its highest-ever quarterly volumes of 83,418 units. This marks a 76% increase over the same period last year. For the full financial year, Ather Energy sold 2.62 lakh units. That is up 69% compared to the previous year.

Expansion Drives Growth

Ather Energy attributed the growth to a wider retail presence and geographic expansion. The company also highlighted strong demand for its family scooter, Rizta. Key operational highlights include the following:

Doubling of retail network to 700 experience centres from 351 a year ago.
Expansion of service network to 548 centres, nearly twice last year’s footprint.
Crossing of charging infrastructure 6,000 points powered by Light Electric Combined Charging System (LECCS).

The company said these additions supported both demand and after-sales reach.

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New Platform And Capacity Plans

Tarun Mehta, co-founder and CEO, said the company is looking to scale further with its upcoming scooter platform. He said that with its new scooter platform, EL, the company has the opportunity to replicate the same growth levers at potentially a larger scale.

He added that investments in its Factory 3.0 at AURIC are aimed at improving scale and efficiency to meet future demand.

Sources:

CNBC TV18

The Economic Times

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