Results26 Oct 2026 · Mon
ATHERENERGAther Energy
Ather Energy swings to ₹1.26 crore Q2 profit from ₹154 crore loss; shares close 14% higher
Ather Energy reported a September-quarter profit of ₹1.26 crore against a loss of ₹154 crore a year earlier. Upstox put revenue from operations up 63% at ₹1,464 crore.
Price, Monday's close₹1,575.00▲ 14.13%
Last 5 days
52-week low ₹582.0552-week high ₹1,744.00
- Sector
- Electric two-wheelers
What happened
- Ather Energy reported a profit of ₹1.26 crore for the September 2026 quarter against a loss of ₹154 crore a year earlier, Upstox and Kotak Neo reported. Upstox noted a loss of ₹51 crore in the June quarter.
- Upstox gave revenue from operations as ₹1,464 crore, up 63% from ₹899 crore, with EBITDA of ₹11.42 crore, a margin of 0.80%. Kotak Neo gave consolidated total income as ₹1,527 crore, up 62%, EBITDA as ₹74.2 crore and the EBITDA margin as 4.9% against minus 9.6% a year earlier. The two outlets use different EBITDA figures.
- Kotak Neo reported sales volumes of 93,211 units, up 42%, and said pre-orders more than doubled to 1.80 lakh. It put the Hosur factory at 98% utilisation at peak and said capacity there would rise from 4.2 lakh to 4.95 lakh units by December 2026. Upstox reported a board-approved capital expenditure plan of about ₹122 crore for capacity at two facilities.
- The shares closed at ₹1,575 against ₹1,380 on Friday on Kite data, a rise of 14.13% by my calculation, after trading between ₹1,345.70 and ₹1,623. Upstox's report is timed at 2:58 PM and Kotak Neo's at 4:52 PM.
Why it matters
Good to know: EBITDA is operating profit before interest, tax, depreciation and amortisation. Two reports can give different EBITDA for the same quarter because of how each defines it, so the figure is best compared within a single source.
Key facts
- Profit (loss a year earlier)
- ₹1.26 crore (loss of ₹154 crore)
- Revenue from operations, per Upstox
- ₹1,464 crore, up 63% from ₹899 crore
- Total income, per Kotak Neo
- ₹1,527 crore, up 62%
- Sales volume, per Kotak Neo
- 93,211 units, up 42%
- Pre-orders / capex, per Kotak Neo / Upstox
- 1.80 lakh / about ₹122 crore
Read the source
This is a summary of public news about Ather Energy, for information only. It is not a recommendation to buy, sell or hold ATHERENERG.
Ather Energy in the news before
- 19 OCT 2026 · EVENING · REGULATORYAther Energy's insurance subsidiary gets IRDAI registration as a composite corporate agent