Ather Energy Shares Skyrocket 19% After EV Maker Swings to Rs 1.26 Crore Profit in Q2
10 Articles
10 Articles
Ather Energy shares skyrocket 19% after EV maker swings to Rs 1.26 crore profit in Q2
Ather Energy shares surged nearly 19% after the electric two-wheeler maker reported a net profit of Rs 1.26 crore in Q2 FY27, reversing a loss of Rs 154 crore a year earlier. Revenue rose 62.8% year-on-year to Rs 1,464 crore, while the company also approved Rs 122 crore in capacity expansion.
Ather Energy Reports First Quarterly Profit, Shares Jump 10%
Indian electric scooter manufacturer Ather Energy reported its first-ever quarterly profit on Monday, sending its shares up 10%. The company posted a net profit of ₹15 million for the quarter ended September 30, compared with a loss of ₹1.54 billion in the same period last year. Revenue rose 62.9% to ₹14.64 billion, supported by stronger […]
Ather Energy Jumps 18% to Day High After Q2 Profit
Ather Energy jumped 18% to Rs 1,623 on 26 Oct after turning profitable with Rs 1.26 crore in the September quarter. The Bengaluru-based scooter maker said its board approved the results on 26 October. The same quarter last year resulted in a loss of Rs 154.07 crore. Sales did the...
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