Ather turns EBITDA-positive in Q1 as scooter demand and pre-orders accelerate
Ather Energy reported Q1 FY27 revenue growth of 89% year on year to Rs 1,217 crore and EBITDA of Rs 9 crore, versus a Rs 106 crore loss a year earlier. Deliveries reached 83,173 scooters, while pre-orders rose 158%. The company targets AURIC plant production in Q3 and an EL-platform launch on August 29.
Ather Energy reported strong Q1 FY27 growth, turning EBITDA-positive as electric-scooter demand, enquiries and pre-orders outpaced production. The company plans AURIC production in Q3 and an EL-platform scooter debut on August 29; brokerages retained bullish calls.
Why this matters
The results follow Ather Energy's 18% post-Q1 stock jump and its plan for an entry-level scooter platform targeting 20%+ EV market share. They also extend momentum after the IPO retail tranche reached 63% subscription on Day 1.
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