Ather Energy swings to Rs 1.26 Cr profit in Q2
The electric two-wheeler maker posted 63% year-on-year revenue growth to Rs 1,464.24 crore in Q2 FY27, up from Rs 898.88 crore in Q2 FY26. Unit sales climbed 42% YoY to 93,211 vehicles while gross margins improved by 160 basis points to 24%. Non-vehicle revenue from subscriptions and charging services now represents 15% of operations. Demand continues to outpace capacity, with the company planning a 75,000-unit expansion at its Hosur facility by December 2026.
Key points
- Returned to profitability: Rs 1.26 Cr net profit in Q2 FY27
- Revenue grew 63% YoY to Rs 1,464.24 Cr
- Unit sales up 42% to 93,211 vehicles, demand exceeds capacity
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