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Indian e-scooter maker Ather Energy narrowed its quarterly loss amid soaring sales and expanding market share.
Indian e-scooter maker Ather Energy reported a narrower quarterly loss of ₹1.54 billion ($17.52 million) for the quarter ending September 30, 2025, down from ₹1.97 billion a year earlier, driven by a 54% year-on-year revenue increase to ₹8.99 billion and a 67% rise in unit sales to 65,595.
Its adjusted gross margin expanded to 22%, up 300 basis points, supported by non-core revenue.
The company now operates over 524 experience centers across India, up from 265 in December 2024, with plans to reach 700 by March 2026.
Despite rising material costs, Ather saw improved EBITDA losses and market share climbed to 17.4% in Q2 FY26.
El fabricante indio de e-scooters Ather Energy redujo su pérdida trimestral en medio de ventas crecientes y expansión de la cuota de mercado.