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EV major Ather Energy managed to trim its net loss for the first quarter of the fiscal year 2025-26 (Q1 FY26) by 3% to INR 178.2 Cr from INR 182.9 Cr loss it incurred in the same quarter last year.
On a sequential basis, the company’s loss reduced by 24% from the INR 234.4 Cr loss it incurred in Q4 FY25.
Ather’s top line zoomed significantly on a year-on-year (YoY) basis, jumping over 79% to INR 644.6 Cr from the INR 360.5 Cr operating revenue it registered in the same quarter previous year.
On a quarter-on-quarter (QoQ) basis, the company’s operating revenue dipped by 5% from INR 676.1 Cr.
Including an other income of INR 28.3 Cr, Ather’s total income for the quarter stood at INR 672.9 Cr. Meanwhile, its expenses surged 54% YoY to INR 851.1 Cr but subsided by 8% from INR 922.2 Cr expenditure the EV maker incurred in Q4 FY25.
(The story will be updated shortly.)
The post Ather Trims Q1 Loss By 3% YoY To INR 178 Cr appeared first on Inc42 Media.
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