Ather Energy Q1 FY 2026-27 Results: Net Loss Narrows 71% To ₹51 Crore As Revenue Nearly Doubles; Shares Rise Over 3%
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Ather Energy nearly doubled its revenue in the June quarter as improving sales helped narrow losses and reduce EBITDA burn. Investors also tracked the company's expansion plans, including the launch of its upcoming EL scooter and capacity ramp-up at its Hosur plant.
Ather Energy Q1 FY 2026-27 Results: Electric two-wheeler maker Ather Energy reported a consolidated net loss of ₹51.09 crore for the first quarter of FY 2026-27, sharply lower than the ₹178.2 crore loss reported in the corresponding quarter last year, as strong sales growth helped nearly double revenue. The company announced its June-quarter results on Monday, August 3.
Revenue from operations rose 88.8% year-on-year to ₹1,216.92 crore from ₹644.58 crore a year ago, while total income increased to ₹1,259.65 crore from ₹672.91 crore. On a sequential basis, revenue grew 4%.
The company's EBITDA loss narrowed sharply to ₹33.4 crore from ₹134.3 crore a year earlier, reflecting improving operating leverage as volumes increased. Revenue from software subscriptions, charging, accessories, spares and service contributed 14% of revenue from operations during the quarter, up from 13% in the previous financial year.
Ather Energy Q1 FY 2026-27 Results: Key Highlights
Demand for electric two-wheelers remained strong during the quarter, with industry registrations rising 68% year-on-year to around 5.25 lakh units, according to Vahan data. EV penetration crossed the 10% mark for the first time in June 2026.
Against this backdrop, customer enquiries increased 95% year-on-year to 7.07 lakh, while pre-orders surged 158% to 1.5 lakh, reflecting demand that continued to outpace the company's production capacity.
The company said it will unveil the first production scooter based on its new EL platform at Ather Community Day 2026 on August 29. The EL platform is Ather's next-generation vehicle architecture and is expected to support a broader product portfolio while improving manufacturing efficiency.
During the quarter, Ather incorporated Ather Insurance Limited, a wholly owned subsidiary that has applied to the Insurance Regulatory and Development Authority of India (IRDAI) to operate as a corporate agent for insurance products. Earlier this month, the company also completed a ₹1,300 crore Qualified Institutional Placement (QIP) by issuing 1.08 crore equity shares at ₹1,202 apiece.
Management Commentary
Commenting on the results, Tarun Mehta, Co-founder and Chief Executive Officer of Ather Energy, said the company continued to witness strong demand across its product portfolio, with customer demand outpacing production during the quarter. He added that the company is preparing to launch the first production scooter on its new EL platform later this month while scaling up production at its AURIC manufacturing facility, positioning Ather for its next phase of growth.
Ather Energy Share Price
Ather Energy shares gained after the company announced its June-quarter results. The stock rose as much as 2.95% during the session to an intraday high of ₹1,272. By the close of trade, the shares were trading at ₹1,271.95, up 0.96% on the BSE.
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