Ather narrows quarterly loss as Rizta demand drives 90% revenue growth
Ather Energy reported a ₹50.87 crore net loss for the quarter ended June 30, versus ₹178 crore a year earlier, as sales rose 81% to 83,173 units. The EV maker is extending retail and charging coverage into Tier-2 and Tier-3 markets amid intensifying competition.
Ather Energy narrowed its June-quarter loss as Rizta scooter demand lifted sales and revenue. The EV maker is expanding retail and charging infrastructure in Tier-2 and Tier-3 cities while facing price and market-share pressure from Ola Electric, TVS Motor and Bajaj Auto.
Why this matters
The quarter extends Ather's recent scale-up: a prior FY26 signal cited 700 Experience Centres and 69% sales growth, while another Q1 update reported 89% revenue growth and a ₹51 crore loss.
Retail-company signals are accelerating, up 228,200% QoQ.