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Ather Energy swings to Rs 1.26 Cr profit in Q2

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Ather Energy swings to Rs 1.26 Cr profit in Q2

Electric two-wheeler maker Ather Energy reported a consolidated net profit of Rs 1.26 crore in the second quarter of FY27, reversing a net loss of Rs 154 crore in the year-ago quarter.

Revenue from operations rose 63% year-on-year (YoY) to Rs 1,464.24 crore in Q2 FY27, compared with Rs 898.88 crore a year earlier. Total income, including other income, increased 62% to Rs 1,526.95 crore.

The company sold 93,211 electric two-wheelers during the quarter, up 42% YoY. Its operating performance improved alongside the growth in sales, with the company reporting a positive EBITDA for the quarter.

Ather's consolidated adjusted gross margin improved 160 basis points YoY to 24%, despite higher input costs for aluminium, copper, lithium and crude-linked plastics. The company attributed the improvement to product mix and pricing decisions.

Non-vehicle revenue, which includes subscriptions, charging, accessories, spares and services, accounted for 15% of revenue from operations, up from 12% a year earlier. Ather also said 94% of its customers opted for AtherStack Pro.

Demand continued to outpace production capacity, with enquiries rising 109% YoY to around 10 lakh and pre-orders more than doubling to 1.8 lakh. The company's Hosur facility in Tamil Nadu operated at 98% capacity utilisation during peak production.

95 lakh units by December 2026. Its upcoming facility at AURIC in Chhatrapati Sambhajinagar, Maharashtra, is expected to begin phased commercial production from December 2026, with an initial annual capacity of five lakh units.



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