Ather Energy Q2 FY27: Turns Profitable; Shares Rally 14%
Electric scooter maker
ATHERENERG
y returned to profitability in Q2 FY27, posting a net profit of ₹1.26 crore for the quarter ended September 30, 2026, compared with a loss of ₹154 crore in the corresponding period last year. The stock surged 14% on October 26.
🔥 KEY HIGHLIGHTS
🔹 Net Profit: ₹1.26 crore versus a loss of ₹154 crore a year ago.
🔹 Revenue: Increased 63% YoY to ₹1,464 crore from ₹899 crore.
🔹 EBITDA: Reached ₹74.2 crore, marking the second consecutive quarter of positive EBITDA, compared with a loss of ₹90.7 crore last year.
🔹 EBITDA Margin: Improved to 4.9% from -10% in the year-ago quarter.
🔹 Capital Expenditure: Board approved ₹122 crore for facilities in Tamil Nadu and Maharashtra.
🔹 Capacity Expansion: A proposed addition of 75,000 units per year is planned at the Hosur facility.
Ather Energy reported a notable turnaround in earnings alongside strong revenue growth. Investors may monitor demand, capacity expansion, and the sustainability of operating margins.
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