macro

Ather Energy Swings to Profit as Q2 Revenue Jumps 63%

Ather Energy posted a Q2 FY27 net profit of Rs 1.26 crore against a year-earlier loss, with revenue up 62.9%, Moody's reports.

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what happened

Electric two-wheeler maker Ather Energy returned to profit in the July–September quarter of FY27, booking a consolidated net profit of Rs 1.26 crore. A year earlier it had lost Rs 154.07 crore. The figures come from the company's quarterly filing with the National Stock Exchange of India (NSE), as reported by Moody's.

Operating revenue rose 62.9% year on year to Rs 1,464.2 crore and grew 20.3% from the previous quarter. Total expenses climbed 39.4%, a slower pace than revenue, which helped narrow the loss gap. Other income of Rs 62.7 crore offset the shortfall between operating revenue and total expenses.

The result follows a first-quarter FY27 move into positive EBITDA of Rs 9 crore, although the company still reported a net loss in that period.

why it matters

A swing to profit alongside fast revenue growth may draw investor attention to India's electric vehicle sector. However, the quarter's profit leaned on other income rather than core operations alone, which is worth weighing when judging how durable the improvement is.

market impact

Ather Energy and Indian EV makers: stronger results support investor interest in the sector

tags

instruments

Ather EnergyNSEIndian EV stocks

sources

  1. Ather Energy Swings To Profit, Revenue Rises 63% In Q2 — Moody's, 26 October 2026 at 19:15 UTC
  2. Ather Energy Returns To Profit In Q2 FY27 As Revenue Jumps 63% — Moody's, 26 October 2026 at 20:55 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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