Ather Energy reports first quarterly profit and commits ₹122 crore to expand EV manufacturing capacity
By Eve
Bengaluru based electric two wheeler maker Ather Energy posted a consolidated profit of ₹1.26 crore in Q2 FY27, reversing a ₹154.07 crore loss from the same quarter last year, while revenue from operations climbed 63% year on year to ₹1,464.24 crore. The company's board approved ₹122 crore in capital expenditure to boost annual production capacity at its Tamil Nadu and Maharashtra factories. EBITDA turned positive at ₹11.3 crore with a 0.77% margin, compared to a ₹133 crore EBITDA loss in the prior year period.
Why it matters
The profit turnaround and capacity expansion signal growing commercial viability in India's electric two wheeler segment, potentially increasing demand for charging infrastructure as Ather scales production. Procurement teams and CPOs should monitor this manufacturer's growth trajectory, as higher EV adoption in the two wheeler category will drive requirements for distributed charging networks across urban and semi urban markets.
Source
- Original title
- “Ather Energy shares surge 10% after Q2 profit turnaround; company earmarks ₹122 crore for expansion”
- Published
- 26 October 2026
In this story
- Topic
- Electric Vehicles
- Place
- India
- Tag
- Ather Energy
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