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EV maker Ather Energy nearly doubles revenues, cuts losses by 71% - The Economic Times
Ather Energy's revenue nearly doubled to Rs 1,217 crore in the June quarter. Net losses narrowed significantly to Rs 51 crore, showing improved financial performance. The company reported its first positive quarterly Ebitda of Rs 9 crore. Demand for Ather scooters continues to outpace production capacity significantly. Ather plans to introduce a new mass-segment scooter and expand manufacturing facilities.
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economictimes.indiatimes.com
Ather Energy Q1 Results: Loss narrows YoY to Rs 51 crore on stronger sales
Ather Energy, the Indian electric scooter manufacturer, has announced a significant reduction in its quarterly losses, attributing this positive outcome to robust sales that…
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thehindubusinessline.com
Ather Energy posts narrower quarterly loss, aided by firm scooter demand
Ather Energy reports a narrower quarterly loss with a 90% revenue increase, driven by strong demand for Rizta scooters.
