Ather Energy Limited has informed the Exchange regarding Outcome of Board Meeting held on May 12, 2025.
ATHERENERG · price
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Ather Energy's board, at its May 12, 2025 meeting, approved audited financial results for Q4 and FY25. Revenue from operations grew 28.6% YoY to ₹22,550 million (FY24: ₹17,538 million), with Q4 FY25 revenue up 29.2% YoY to ₹6,761 million. Net loss narrowed to ₹8,123 million from ₹10,597 million in FY24, which had included a one-time exceptional charge of ₹1,746 million linked to FAME II charger refunds. However, cash burn from operations worsened sharply to ₹(7,207) million from ₹(2,676) million, and cash and equivalents dropped to ₹1,100 million from ₹5,060 million. Statutory auditor Deloitte Haskins & Sells issued an unmodified (clean) opinion on the results. The filing comes shortly after Ather's IPO listing on NSE and BSE on May 6, 2025, which raised about ₹26,260 million via fresh issue.
Strong revenue growth and a narrower loss are encouraging for shareholders, but heavy cash burn and continued losses show profitability is still a way off. The clean audit opinion and fresh IPO funds provide a financial cushion, but investors should track the path to positive operating cash flow and net profit.