Ather Energy, the electric two-wheeler manufacturer, disclosed a rise in its net loss for the fourth quarter of FY26, reaching Rs 100.23 crore compared to Rs 84.64 crore in the previous quarter. However, the company witnessed a significant 57% reduction in losses year-on-year, dropping from Rs 234.36 crore in the same period of the previous financial year.
The company experienced a 74% surge in revenue from core operations, amounting to Rs 1,174.66 crore in Q4 FY26, up from Rs 676 crore in the corresponding quarter of the previous financial year. This growth was attributed to strong demand and the expansion of its service network.
Despite a 42% increase in total expenses to Rs 1,314 crore during the quarter, compared to Rs 922.15 crore a year earlier, the loss per equity share improved from Rs 8.93 to Rs 2.62 in the year-ago period. The company’s performance was driven by fundamental growth factors and an extended market reach.
Ather Energy continued its physical and charging infrastructure expansion during the fiscal year, doubling its Experience Centres to over 700 across India in FY26. Additionally, the company enhanced its charging ecosystem, providing access to more than 5,000 public chargers across 395 cities, including over 3,675 fast chargers in key urban markets.
Following the financial report, Ather Energy’s shares on the NSE were trading 1.87% lower at Rs 917.40 during the last-leg session on Monday, compared to the previous close of Rs 934.85.
