Bengaluru: electric two-wheeler maker Ather, on Monday, suggested narrowed losses of Rs 234.4 crore within the January-March sector of the previous monetary year at the return of a boost in sales of its Rizta version, cooling in lithium charges of batteries, and value discount.
It had posted a lack of Rs 283.30 crore in the year—in the past period, it stated in a regulatory filing. Its complete year loss shriveled to Rs 812 crore from Rs 1,060 crore inside the preceding financial year. The Bengaluru-established organization made its debut on the inventory exchanges on May 6 of this year.
"Our persistent investments in engineering and studies and development introduced a strong improvement in margins. Our R&D crew became capable of supplying a 30% rate reduction," stated Executive director and Chief government Officer tarun Mehta through an analyst named.
The income from operations at some stage in the fourth region of the fiscal year 2025 jumped 29.5% to Rs 676.1 crore from Rs 523.4 crore 12 months in advance.
Five new department shops in Q1 indicative of retail resurgence: JLL
While the southern markets (Karnataka, Kerala, Hyderabad, and Chennai) were historically strong for the electrical automobile (EV) organization, it has also been witnessing a good-sized upward push in sales within the non-southern markets. "We believe that non-South markets might be a crucial driving force for growth in the coming days," Mehta added.
It sold 155,394 motors inside the fiscal year ended march 31, 2025, a 42% jump from the preceding 12 months' sales of 109,577 devices. Its sales from operations came in at Rs 2,255 crore, 29% growth from closing 12 months' sales of Rs 1,753.8 crore. Its software income has persisted to trend strongly, with 88% of customers buying it along with the vehicle.
Its adjusted gross margins doubled to 19%, even as income before hobby, depreciation, tax, and amortization (EBIDTA) losses came in at Rs 530.7 crore.
Inside the fourth sector of FY25, Ather added 86 stores, taking its total store count number to 351. The corporation says it would, as an alternative, create new variants and provide them at an extra compelling rate instead of decreasing its products' charges as entry costs come down. Whilst the industry had a first-rate FY25, Ather is of the view that the 12 months of 2026 can be a relatively more potent one, additionally assisting its volume increase.
click and follow Indiaherald WhatsApp channel