Ather Energy Limited — Updates, 04-08-2025: Press Release

Ather Energy kicked off FY26 strongly, reporting a 97% YoY volume increase with 46,078 units sold. Total income jumped 83% to ₹672.9 Cr, driven by the Ather Rizta's demand and retail expansion. The company significantly improved profitability, with Adjusted Gross Margin up 117% to ₹154.8 Cr. EBITDA margin improved by ~1,700 bps to -16%, narrowing losses to ₹106.0 Cr. Retail expansion continued with 95 new Experience Centres, boosting national market share to 14.3%. Ather holds market leadership in South India and is rapidly growing in Middle India, with its charging network also expanding.