Ather Energy Limited has informed the Exchange on a press release regarding Audited financial results for the quarter and financial year ended March 31, 2026 dated May 04, 2026
ATHERENERG · price
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Ather Energy reported its strongest-ever performance in FY26 with record quarterly volumes of 83,418 units in Q4, up 76% YoY, and full-year volumes of 2,62,942 units, up 69% YoY. Total income reached ₹3,823 crore in FY26, up 66% YoY, while Q4 income was ₹1,214 crore, up 76% YoY. Adjusted Gross Margin expanded significantly to ₹925 crore in FY26 (24% of income, up ~500 bps) and ₹309 crore in Q4 (25%, up ~700 bps). EBITDA losses narrowed sharply to ₹257 crore in FY26 from ₹531 crore in FY25, with Q4 EBITDA loss of just ₹30 crore at a margin of (2.5%), a ~2,080 bps improvement YoY. The company doubled its retail network to 700 Experience Centres and maintained strong software adoption with 93% of Q4 customers opting for AtherStack Pro.
Ather Energy shows strong operational improvement with shrinking losses and margin expansion, though the company remains EBITDA and PAT negative. The 66% revenue growth and improving unit economics signal growing scale efficiency, but investors should note losses still total ₹517 crore for FY26.