Ather Energy Q4 Results: Loss narrows to Rs 100 crore; revenue jumps 74% YoY

Electric vehicle (EV) manufacturer Ather Energy on Monday reported a net loss of Rs 100 crore for the March quarter of FY26, marking a sharp decline of 57% from Rs 234 crore posted in the same quarter last year.

The company's revenue from operations came in at Rs 1,175 crore, an impressive jump of 74% from Rs 676 crore reported in the corresponding quarter of the previous financial year, the company said in a regulatory filing.

For the quarter under review, the company’s EBITDA loss narrowed to Rs 70 crore from Rs 173 crore year-on-year (YoY), translating to a drop of 60%.


At 11:26 am, Ather Energy shares traded almost 1% lower at Rs 929 on the BSE.

The company's total expenses, however, increased to Rs 1,314 crore, up 42.5% from Rs 922 crore it recorded in the same period last year.

For the quarter ended March 31, 2026, Ather Energy delivered volumes of 83,418 units, up 76% YoY, supported by the expansion of its retail network to 700 Experience Centres, with 100 additions during the quarter.

EBITDA margin stood at (2.5%) in Q4 FY26, improving by around 2,080 bps YoY. The company said the improvement was supported by continued volume growth, operating leverage and better unit economics.

For the financial year ended March 31, 2026, Ather Energy reported total income of Rs 3,823 crore, marking a 66% year-on-year increase, supported by strong volume growth. Non-vehicle revenue, which includes software subscriptions, charging, accessories, spares and service, accounted for 13% of total income in FY26, indicating deeper ecosystem penetration.