Ather Energy Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat NegativeNegative Operating CashflowContingent Liabilities IncreasedExceptional ItemResults View source PDF

ATHERENERG · price

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AI summary

Ather Energy Limited reported FY26 revenue of ₹3,671.76 crore, up 62.8% from ₹2,255.01 crore in FY25. The company continues to incur losses with net loss of ₹516.75 crore (vs ₹816.92 crore loss in FY25), representing a 36.7% improvement. Q4 FY26 revenue was ₹1,174.66 crore, up 73.7% YoY. The company completed its IPO in May 2025 raising ₹2,626 crore, with ₹1,617.07 crore still unutilized. Operating cash outflow improved significantly to ₹31.89 crore from ₹720.70 crore in the prior year. Deloitte Haskins & Sells issued an unmodified opinion. The auditors were reappointed for a second 5-year term.

Likely market impact

Strong 62.8% revenue growth and narrowing losses indicate improving business fundamentals, though the company remains loss-making with negative operating cash flow. The large unutilized IPO proceeds provide funding runway but raise questions about deployment timelines.