Ather delivered 83,173 electric scooters during the quarter, an increase of 80.5 per cent
Ather Energy reported a sharp improvement in its financial performance for the quarter ended June 2026, with consolidated net loss narrowing to ₹51.1 crore from ₹178.2 crore a year earlier, aided by robust sales growth and improved operating efficiencies.The electric two-wheeler maker’s consolidated total income rose 87.2 per cent year-on-year to ₹1,260 crore (₹673 crore), while revenue from operations nearly doubled to ₹1,216.9 crore (₹644.6 crore).The company posted a consolidated EBITDA of ₹9 crore during the quarter, compared with an EBITDA loss of ₹106 crore a year ago, with EBITDA margin improving 1,650 basis points to 0.8 per cent.Ather delivered 83,173 electric scooters during the quarter, an increase of 80.5 per cent, as customer demand continued to outpace production capacity.Higher salesThe company attributed the strong revenue growth to higher sales volumes, calibrated price increases and a growing contribution from non-vehicle businesses such as software subscriptions, charging services, accessories, spares and after-sales service. These businesses contributed 14 per cent (13 per cent) of revenue from operations during the quarter.Despite higher input costs due to rising prices of copper, aluminium, lithium and crude-linked materials, Ather’s adjusted gross margin rose 82.3 per cent to ₹282 crore. The company said it offset commodity inflation through calibrated pricing, product mix optimisation, value engineering initiatives and supplier negotiations.Demand remained strong across the electric two-wheeler industry, with registrations increasing 68 per cent to about 5.25 lakh units during the quarter, according to Vahan data. EV penetration crossed the 10 per cent mark for the first time in June.Reflecting the strong market momentum, Ather’s customer enquiries rose 95 per cent to 7.07 lakh, while pre-orders surged 158 per cent to 1.5 lakh, indicating that demand continued to exceed available production.To support future growth, the company said Phase I of its Factory 3.0 at AURIC in Chhatrapati Sambhaji Nagar remains on track to commence production in the third quarter of FY27. The facility will add annual production capacity of five lakh units, taking the company closer to its planned manufacturing capacity of one million electric two-wheelers annually.The company is also set to unveil the first production scooter built on its new EL platform at Ather Community Day on August 29.“We continued to see strong demand across our portfolio, as structural tailwinds from both policy support and shifting customer sentiment translated into a massive upsurge for our products, with demand far outstripping supply,” said Tarun Mehta, Co-Founder and CEO, Ather Energy.Published on August 3, 2026
