Please find enclosed press release in relation to the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 03 Aug 2026, 03:35 PM IST · BSE ID: 1cd6be22-ef94-44c6-aa90-3d3dc62a7c62
View Original BSE Filing (PDF)
💡
In Simple Terms
Ather Energy's revenue increased significantly, and it achieved positive core earnings for the quarter, reducing its overall loss.
🤖 AI Summary
- Ather Energy reported Q1 FY27 consolidated total income of ₹1,260 crore, up 87.2% YoY.
- Consolidated EBITDA turned positive at ₹9 crore in Q1 FY27, an improvement of 1,650 bps YoY.
- Net loss for Q1 FY27 narrowed to ₹51 crore from a loss of ₹178 crore in Q1 FY26.
- Customer pre-orders increased 158% YoY to 150k units, with demand outpacing supply.
- First product on the new EL platform to be launched on August 29, 2026 at Ather Community Day.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Total Income
₹1,260 crore
87.2%
Consolidated EBITDA
₹9 crore
EBITDA Loss Q1 FY26
₹106 crore
EBITDA Margin Improvement
1,650 bps
Consolidated Net Loss
₹51 crore
Consolidated Net Loss Q1 FY26
₹178 crore
Adjusted Gross Margin (AGM)
₹282 crore
82.3%
Units Delivered
83,173 units
80.5%
Customer Pre-orders
150k
158%
Revenue from Non-Vehicle Sources
14% of revenue from operations
🏢 How This Affects the Company
The substantial increase in total income and pre-orders indicates accelerated demand for Ather's electric two-wheelers, potentially strengthening its market position. The new EL platform launch aims to expand its customer base and product versatility.
Achieving positive consolidated EBITDA of ₹9 crore and significantly narrowing the net loss to ₹51 crore reflects improved operational efficiency and scaling benefits. Revenue from non-vehicle sources also increased to 14% of revenue from operations.
The scheduled commencement of Phase 1 production at Factory 3.0 in Q3 FY27 will add 500,000 units to annual capacity, addressing the current demand outpacing supply. The new EL platform is engineered for greater manufacturing efficiency.
The reported commodity cost headwinds for materials like copper, aluminium, lithium, and crude-linked materials introduce ongoing cost management challenges.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are indirectly affected by the company's financial performance, specifically the narrowing net loss from ₹178 crore to ₹51 crore and positive EBITDA of ₹9 crore. The results reflect the business scaling.
🔍
Management Signal
Management is focused on scaling production capacity, managing costs through various measures, and expanding product offerings to meet strong customer demand and improve profitability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Commencement of Factory 3.0 Phase 1 production in Q3 FY27.
Launch of first EL platform product on August 29, 2026.
Q2 FY27 financial results — monitor continued EBITDA positivity.
MEDIUM RISK
Despite strong growth, the company still reports a net loss and faces commodity cost headwinds in a competitive market.
💡 Investor Takeaway
Ather Energy reported a consolidated total income of ₹1,260 crore for Q1 FY27, marking an 87.2% YoY increase. Consolidated EBITDA turned positive at ₹9 crore, a 1,650 bps improvement YoY, confirming structural business improvements as volumes scale.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated total income increased by 87.2% YoY to ₹1,260 crore, driven by strong volume growth and pricing actions.
- Consolidated EBITDA turned positive at ₹9 crore in Q1 FY27, improving by 1,650 basis points YoY from a loss of ₹106 crore.
⚠️ Concerns
- The company reported a consolidated net loss of ₹51 crore for Q1 FY27, despite significant narrowing from ₹178 crore YoY.
- Commodity inflation increased raw material costs for copper, aluminium, lithium, and crude-linked materials during the quarter.
📅 Company Track Record
Ather Energy's Q1 FY27 consolidated revenue of ₹1,216.92 crores (from prior filing) aligns with the ₹1,260 crore total income in this filing. The company previously reported a Q1 FY27 loss of Rs. 51.09 crores, consistent with this filing. Board approved FY26 audited financial statements on May 04, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Ather Energy's consolidated total income for Q1 FY27?
Ather Energy reported a consolidated total income of ₹1,260 crore for the quarter ended June 30, 2026, which is an 87.2% increase year-on-year.
Did Ather Energy report a profit or loss in Q1 FY27?
Ather Energy reported a consolidated net loss of ₹51 crore for Q1 FY27, significantly narrowed from a net loss of ₹178 crore in Q1 FY26.
What was Ather Energy's EBITDA in Q1 FY27?
Ather Energy's consolidated EBITDA turned positive at ₹9 crore in Q1 FY27, compared with an EBITDA loss of ₹106 crore in Q1 FY26, reflecting a 1,650 basis points improvement.
How many units did Ather Energy deliver in Q1 FY27?
Ather Energy delivered 83,173 units during Q1 FY27, representing an 80.5% increase year-on-year.
When will Ather Energy launch its new EL platform product?
Ather Energy plans to unveil its first product on the all-new EL platform on August 29, 2026, at Ather Community Day.
Questions based on this BSE filing only. For information purposes.