Ather Energy Q3: Net Loss Halved, Revenue Jumps 50%; Shares Under Watch

• Ather Energy's net loss significantly reduced to Rs 83.6 crore in Q3, down from Rs 197.6 crore last year.
• Revenue surged by 50% year-on-year to Rs 953.6 crore, driven by vehicle sales and non-vehicle revenue (14% of total).
• Adjusted gross margin increased by 111% to Rs 251.3 crore, with EBITDA loss halving to Rs 72 crore.
• Record quarterly sales of 67,851 units, boosting market share to 18.8% nationally and 24.4% in South India.
• Strong growth in Middle India, with market share almost doubling, and continuous expansion in North India.

Why It Matters: Ather Energy shows strong financial recovery and growth in Q3 with reduced losses and surging revenue.