Ather Energy Q3 Loss Narrows 57% to Rs 85 Crore, Revenue Jumps 50%

Business
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Moneycontrol•02-02-2026, 17:15
Ather Energy Q3 Loss Narrows 57% to Rs 85 Crore, Revenue Jumps 50%
- •Ather Energy reported a significant improvement in its Q3 FY26 financial performance, with net loss narrowing to Rs 84.6 crore.
- •The net loss decreased by 57% year-on-year from Rs 197.5 crore and sequentially from Rs 154.1 crore, indicating improved operating leverage.
- •Revenue from operations surged 50% to Rs 953.6 crore, driven by higher electric scooter deliveries and better realisations.
- •Ather sold approximately 20,780 scooters in January 2026, capturing 16.3% market share and securing the third position.
- •Total expenses increased by 26.8% to Rs 1,075.3 crore, but the moderation in cost growth helped narrow losses.
Why It Matters: Ather Energy significantly reduced its Q3 net loss while achieving strong revenue growth due to increased sales.
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