Ather Energy Q3: Losses Plummet, Earnings Soar by ₹318 Crore

• Ather Energy reported a significant reduction in net loss for Q3, dropping from ₹197.6 crore to ₹83.6 crore.
• Total earnings for the EV scooter manufacturer jumped from ₹635 crore to ₹953.6 crore, a ₹318 crore increase.
• EBITDA loss decreased from ₹140 crore to ₹72 crore, indicating improved operational efficiency and a move towards profitability.
• The strong Q3 results reflect growing demand in the electric vehicle segment and Ather Energy's effective scaling strategy.
• Ather Energy's shares closed down 2.56% at ₹610 on the NSE, despite positive financial results.

Why It Matters: Ather Energy significantly cut losses and boosted earnings in Q3, signaling strong operational improvement.