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Recently listed EV major Ather Energy registered a loss of INR 234.4 Cr in Q4 FY25, marking a 17% year on year (YoY) decline from the INR 283.3 Cr loss it incurred in the same quarter previous fiscal. On a quarter on quarter (QoQ) basis, the company’s losses magnified 19% from INR 197.8 Cr in Q3 FY25.
On the other hand, the company’s topline shot up both on a QoQ and YoY basis. In the quarter under review, Ather’s operating revenue stood at INR 676.1 Cr, up 29% from the INR 523.4 Cr operating revenue in Q4 FY24 and 7% increase from INR 634.9 Cr in Q3 FY25.
Including an other income of INR 11.7 Cr, the company’s total income for Q4 FY25 stood at INR 687.8 Cr. Meanwhile, the company’s spends for the quarter zoomed 9% QoQ and 13% YoY to INR 922.2 Cr.
For the full fiscal year FY25, Ather managed to trim its losses 23% to INR 812.3 Cr from INR 1,059.7 Cr loss it incurred in FY24. Its topline zoomed 29% to INR 2,255 Cr in FY25 from INR 1,753.8 Cr in FY24.
(The story will be updated shortly.)
The post Ather Q4 FY25: EV Major Trims Loss By 17% YoY To INR 234 Cr appeared first on Inc42 Media.
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