Ather Energy stock up ~200% in a year as FY26 EV sales hit 2.62 lakh units
Ather Energy posted Rs 3,823 crore total income in FY26 and sold 2,62,942 EVs, with Q4 revenue of Rs 1,214 crore and 25% adjusted gross margin. Retail network expanded to 700 Experience Centres, 548 service centres and 6,000+ charging points. Analysts hold a Rs 1,150 target despite FAME subsidy expiry risks.
Ather Energy shares up ~200% in a year on strong FY26 results—2.62 lakh EVs sold, Rs 3,823 crore income, retail network expanded to 700 Experience Centres. Analysts remain bullish with Rs 1,150 target amid FAME subsidy expiry risks.