Archive · 2 Jun 2025
Ather Energy Reports Reduced Loss and Revenue Surge
Ather Energy, an electric scooter company, is doing better!
They lost less money in the last few months compared to last year, and they made more money because more people bought their scooters, especially the Rizta model.
Even though they spent more money overall, they managed to lower their losses.
For the whole year, the company's losses were also smaller.
The company plans to expand further, and they just started selling shares to the public, which went well.
They hope to become profitable in the competitive EV market.
Ather Energy's Q4 FY25 net loss decreased to ₹234.4 crore.
Quarterly revenue surged 29% year-on-year to ₹676 crore.
Sales of vehicles increased to 40,700 units in Q4 FY25.
FY25 net loss narrowed to ₹812.3 crore, with revenue at ₹2,255 crore.
Ather debuted on the stock market on May 6, 2025.
- Who
- Ather Energy, an electric vehicle manufacturer founded by Tarun Mehta and Swapnil Jain.
- What
- Ather Energy reported reduced losses and increased revenue driven by strong demand for its Rizta scooters.
- When
- Q4 FY25 (January-March 2025) and FY25 ending March 31, 2025
- Where
- Bengaluru, India
- Why
- Driven by strong demand for the Rizta scooter and strategic financial management.
- Q4 FY25 Net Loss
- ₹234.4 crore
- Q4 Revenue
- ₹676 crore
- Q4 Revenue Increase (YoY)
- 29%
- Q4 Vehicles Sold
- 40,700
- FY25 Net Loss
- ₹812.3 crore
- FY25 Revenue
- ₹2,255 crore
- IPO Debut Date
- May 6, 2025
- Initial Share Price
- ₹328