Archive · 3 Aug 2026
Ather Energy Reports ₹51.09 Crore Loss, Revenue Rises 88.75%
Ather Energy, a company that makes electric scooters, said it lost money in its first quarter of the 2026-27 year.
The loss was ₹51.09 crore, which is less than the ₹178.23 crore it lost in the same period last year.
The company earned more money, with revenue jumping to ₹1,216.92 crore, almost double the previous year.
It spent more too, with total costs rising to ₹1,310.74 crore.
Ather also started a new insurance company called Ather Insurance Limited and is trying to get permission from the Indian insurance regulator.
The company’s share loss per share improved from ₹5.23 to ₹1.33.
This shows the company is growing its sales but still needs to reduce costs.
Consolidated net loss of ₹51.09 crore for Q1 FY27, down from ₹178.23 crore last year.
Revenue rose to ₹1,216.92 crore, an 88.75% increase from ₹644.58 crore.
Total expenses climbed to ₹1,310.74 crore from ₹851.14 crore year‑on‑year.
Loss per share improved to ₹1.33 from ₹5.23 in the same quarter last year.
Ather Insurance Limited was incorporated on 27 May 2026 and is applying to IRDAI.
- Who
- Ather Energy Limited
- What
- Q1 FY27 financial results, including a consolidated loss and revenue growth
- When
- Quarter ended 30 June 2026, announced Monday
- Where
- Mumbai, India
- Why
- To report the company's financial performance for the quarter
- Consolidated net loss
- ₹51.09 crore
- Revenue
- ₹1,216.92 crore
- Total expenses
- ₹1,310.74 crore
- Loss per share
- ₹1.33
- New subsidiary
- Ather Insurance Limited