Ather Energy reported a 71% reduction in consolidated losses to ₹51 crore for Q1 FY27, driven by an 89% surge in revenue.
The company achieved a revenue of ₹1,217 crore, reflecting strong demand for its electric scooters in the Indian market.
CEO Tarun Mehta attributed the growth to the EV sector entering a 'different orbit,' with the company reaching its first positive EBITDA this quarter.