Ather Turns Profitable, Paytm Q2 PAT Rockets & More

Ather Energy achieved profitability in Q2 FY27 after 13 years, with net profit of ₹1.3 Cr and operating revenue climbing 62.9% YoY to ₹1,464.2 Cr. Scooter sales rose 42% to 93,211 units. The company plans significant capital expenditure including ₹64 Cr for its Factory 3.0 in Maharashtra and ₹53 Cr at its Hosur facility to expand annual production capacity by 2.25 lakh units and strengthen its battery supply chain.

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