Ather Energy Q1 Results: Loss Narrows Sharply to ₹51 Crore, Revenue Soars 89%; Shares Rally 16%

Ather Energy shares surged over 16% to hit a fresh 52-week high after the electric two-wheeler manufacturer reported a strong improvement in its Q1 FY27 performance, with a sharp reduction in losses and robust revenue growth. The company’s net loss narrowed to ₹51 crore in Q1 FY27, compared with ₹178 crore in the same quarter last year. Meanwhile, revenue from operations jumped 89% year-on-year to ₹1,217 crore, up from ₹645 crore in the year-ago period, driven by stronger demand for electric two-wheelers. Ather also reported a significant improvement at the operating level, with its operating loss narrowing to ₹33 crore from ₹134 crore a year earlier. The improvement highlights better operating leverage as the company scales up its business. Revenue from software subscriptions, charging, accessories, spares and services also increased, accounting for 14% of operating revenue, compared with 13% in the previous financial year. Following the strong quarterly performance, brokerages remained positive on the stock, with Nomura highlighting Ather Energy as its top pick in the two-wheeler segment. The brokerage’s optimism reflects improving financial performance, rising EV adoption and the company’s potential to benefit from the continued expansion of India’s electric two-wheeler market. The combination of strong revenue growth, narrowing losses and improving operating performance has strengthened investor sentiment, pushing Ather Energy shares sharply higher in Tuesday’s trading session.