Ather Energy Quarterly Results: Profit Reaches ₹1.26 Crore, Pre-Orders Double To 1.8 Lakh, And Company Plans Capacity Expansion

Ather Energy, in its regulatory filing to the stock exchanges on 26 October 2026, announced its Q2 FY27 results. Ather Energy’s quarterly results showed improvement in sales volumes and operating performance for the quarter ended 30 September 2026.

The company posted a positive consolidated profit after tax (PAT). Customer interest and pre-orders also grew in the quarter. To meet this increased demand, Ather Energy is also planning to expand its manufacturing capacity.

On the same date, the Ather Energy share price closed at ₹1,575, up 14.13% on the National Stock Exchange (NSE). The stock opened at ₹1,365.60 compared to its previous close of ₹1,380. It touched a high of ₹1,623 and a low of ₹1,345.70 during the session.

Ather Energy Quarterly Results: Financial Highlights

In Ather Energy Q2 FY27 results:

• Consolidated total income rose to ₹1,527 crore.

• Sales volumes increased 42% year-on-year (YoY) to 93,211 units.

• PAT stood at ₹1.26 crore, compared with a loss of ₹154 crore in the corresponding quarter last year.

• Earnings before interest, tax, depreciation and amortisation (EBITDA) reached ₹74.2 crore, marking the company’s second consecutive EBITDA-positive quarter.

• The consolidated EBITDA margin improved to 4.9% from -9.6% a year earlier, following a margin of 0.8% in Q1 FY27.

• Adjusted gross margin rose 160 basis points (bps) to 24%.

The rise in adjusted gross margin was supported by product mix and pricing measures despite elevated input costs for aluminium, copper, lithium and crude-linked plastics.

Pre-Orders More Than Double

Customer enquiries increased 109% YoY to around 10 lakh, while pre-orders more than doubled to 1.80 lakh during the quarter. The Hosur factory has run at 98% of its full utilisation at peak production, highlighting the demand on existing manufacturing capacity.

Ather Energy plans to increase annual production capacity at its Hosur facility by 75,000 units. This will raise capacity from 4.2 lakh to 4.95 lakh units by December 2026. Meanwhile, its AURIC facility in Chhatrapati Sambhajinagar is expected to begin commercial production in phases from December 2026. The first phase will have an annual production capacity of 5 lakh units. A further expansion of 1.5 lakh units is expected to begin production by Q2 FY28.

Together, these additions will raise installed annual capacity to approximately 11.4 lakh units by Q2 FY28. The company plans to invest around ₹122 crore across the two facilities to support the expansion.

Non-Vehicle Revenue Gains

Non-vehicle revenue, including income from AtherStack Pro, Ather Grid, accessories, spares and servicing, accounted for 15% of revenue from operations, compared with 12% a year earlier. The company said 94% of customers opted for AtherStack Pro.

During the quarter, Ather also launched Konarc, its first scooter built on the new EL platform, alongside new offerings such as Ather TrueHealth and AtherNode. These additions broaden the company’s product and service portfolio as it seeks to address a wider range of customer needs.

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