Ather hits EBITDA breakeven as sales surge, accelerates Hosur capacity expansion
Ather Energy reported its first positive EBITDA quarter, with revenue rising to ₹1,260 crore and unit sales up 81% year-on-year. The electric-scooter maker plans to expand annual capacity at Hosur from about 420,000 to 920,000 units by the end of next year.
Ather Energy reported its first positive EBITDA quarter, aided by an 81% sales jump and nearly doubled revenue. The Indian electric-scooter maker is expanding Hosur capacity from roughly 420,000 to 920,000 units annually by the end of next year.
Why this matters
The breakeven follows Ather's recent Q1 signals showing revenue up 87%, losses narrowing 71% and dispatches rising 81%, alongside plans for an EL scooter launch and AURIC plant opening.
retail-company signals are accelerating, up +229850% QoQ.