Ather Energy Hits Record High on Q1 Show

  Published 8 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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