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Ather Energy Slashes Quarterly Loss Amid Sales Surge
2 Feb
Summary
- Ather Energy reduced its quarterly loss significantly from last year.
- The company experienced a substantial 50.2% increase in quarterly revenue.
- Ather aims to boost its market share with its popular Rizta scooter.
Ather Energy, an Indian e-scooter manufacturer, announced a significantly reduced quarterly loss on February 2, 2026. The company's improved financial standing was primarily attributed to a robust increase in sales during the year-end festive season.
The Bengaluru-based firm reported a loss of 846 million rupees ($9.2 million) for the quarter. This marks a considerable improvement compared to the 1.98 billion rupees loss recorded in the same period last year. The company's quarterly revenue saw a notable surge of 50.2%, reaching 9.54 billion rupees.
While Ather was an early player in India's electric two-wheeler market, it now faces strong competition from established automotive giants. The company is actively expanding its operational footprint into India's northern and central regions. Ather is strategically focusing on its best-selling Rizta family scooter to enhance its market share in the evolving electric mobility landscape.
