Ather Energy's Electrifying Growth: From Losses to Expansion Success

Ather Energy reported a reduced net loss of Rs 178 crore for Q1 2025, boosted by increased sales volumes and retail expansion. The company's income rose by 83% to Rs 673 crore, driven by the success of Ather Rizta and new Experience Centres. Shares soared nearly 15% on BSE.

Ather Energy, a leading electric two-wheeler manufacturer, has announced a significant reduction in its net loss, reporting Rs 178 crore for the first quarter ending June 30, 2025. This is a notable improvement compared to the Rs 183 crore loss recorded during the same period in the previous fiscal year.

The Bengaluru-based company experienced an impressive 83% increase in total income, reaching Rs 673 crore, attributed to robust sales volumes and a strategic expansion of its sales network. This growth was propelled by the overwhelming demand for their flagship model, the Ather Rizta, along with the establishment of 95 new Experience Centres this quarter.

Ather Energy's Executive Director and CEO, Tarun Mehta, expressed confidence in the company's trajectory, highlighting their dominant market share in South India and rapid progress in Middle India. The firm's shares jumped 14.97% on the BSE, reflecting investor optimism in their continued expansion plan across northern markets.

(With inputs from agencies.)