Business · Updated 26 Oct, 02:37 pm IST

Ather Energy posts ₹1.3 Cr profit in Q2 FY27, plans capacity add

Why it matters for readers: It explains that the EV maker is growing revenue and is starting to make money while expanding factory capacity.

Ather turned profitable in the September quarter of FY27 with a consolidated net profit of ₹1.26 crore, compared with a net loss of ₹154.07 crore a year earlier.1
Operating revenue grew 62.9% year‑on‑year to ₹1,464.2 crore and was up 20.3% sequentially from ₹1,216.9 crore.1
Including other income of ₹62.7 crore, total income for the quarter was ₹1,527 crore, and other income was crucial to reaching net profit.1
Total expenses increased 39.4% to ₹1,526 crore, rising more slowly than operating revenue but still leaving operating revenue ₹61.5 crore below total expenses.1
Ather announced plans to add a combined 2.25 lakh units of annual manufacturing capacity alongside the earnings update.1

Get a brief like this every morning

Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.