Ather Energy Reports Record Q2 FY25-26 Performance, Posts ₹940 Crore Revenue and Expands Market Share

Greaves Electric Mobility

Strong Sales Growth and Market Expansion

Ather Energy has achieved its best quarterly performance to date, selling 65,595 electric scooters during Q2 FY25-26 (July–September 2025). This represents a 67% year-on-year and 42% quarter-on-quarter increase in volumes. The company also posted its highest-ever quarterly revenue at ₹940 crore, a 57% jump YoY, and boosted its India market share to 17.4% from 14.3% in the previous quarter.

Retail and Charging Infrastructure Scale-Up

Ather continued expanding its retail presence, with 524 experience centres operational by the end of Q2 — up from 446 in Q1 — adding 78 outlets in just one quarter. Its fast-charging network also grew to 4,322 active points, supporting broader adoption across metro and Tier-2 markets. In South India, the brand leads with a 25% market share, reflecting strong customer trust and localized engagement.

Financial Efficiency and Profitability Trajectory

Operational improvements were evident, as EBITDA margin improved by 1,100 basis points year-on-year to -10%. For H1 FY25-26, Ather reported revenue of ₹1,543 crore and a loss of ₹332 crore, narrowing its loss margin to 21%. This compares with ₹944 crore revenue and ₹380 crore loss in H1 FY24-25, when the loss margin was 39%.

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ELECTRIFYING INDIA’S LAST MILE