Ather Turns Profitable In Q2, Posts ₹1.3 Cr PAT

Ather Energy reported a consolidated net profit of ₹1.26 crore in Q2 FY27, compared with a loss a year earlier, as operating revenue grew 62.9%. It also announced plans to invest ₹122 crore in manufacturing capacity.

• Ather reported a consolidated net profit of ₹1.26 crore for the September quarter, versus a net loss of ₹154.07 crore in the year-earlier quarter and a loss of ₹51.1 crore in the preceding quarter.· 1 source
• Operating revenue rose 62.9% year over year to ₹1,464.2 crore; total expenses increased 39.4% to ₹1,526 crore. Other income was ₹62.7 crore, while EBITDA was ₹74.2 crore.· 1 source
• The company plans to invest ₹122 crore to add 2.25 lakh units of annual manufacturing capacity across its Hosur plant and Factory 3.0 in Chhatrapati Sambhajinagar.· 1 source