Business · Updated 27 Oct, 07:30 am IST
Ather posts Q2 FY27 profit as revenue jumps; Meta to raise $35B for AI
Why it matters for readers: It shows two trends: growing EV demand in the market and big capital being raised for AI development.
- Ather Energy swung to a consolidated net profit in Q2 FY27 after earlier losses.1
- Ather's revenue from operations grew 63% year‑on‑year in the quarter.1
- Ather plans to expand production capacity to meet rising demand for its electric two‑wheelers.1
- Meta plans to raise $35 billion to support its AI expansion efforts.1
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