Ather Energy Hits Record High on Q1 Show

  Published 11 months ago

Ather Energy's Q1 loss narrowed to Rs 1.78 billion, boosted by strong Rizta sales and nearly 3x growth in volumes.

  • Revenue surged 78.8% YoY to Rs 6.45 billion; expenses rose 54.4% led by a material cost spike of 62%.
  • Rizta accounted for 60% of sales; Ather plans to expand to 700 retail centres by FY26, targeting northern India growth.
  • Shares jumped 13.5% to record Rs 394 post-results; second straight quarter of narrowing losses since May listing.

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