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Indian EV maker Ather Energy revenue up 54% in Q2
Ather Energy, a Bengaluru-based EV maker, reported a 54% year-on-year rise in operating revenue to 898.9 crore rupees (US$108.3 million) for Q2 2025.
Net loss narrowed to 154.1 crore rupees (US$18.6 million) from 197.2 crore rupees (US$23.8 million) year-on-year.
Ather sold 65,595 units during the quarter, up 67% year-on-year, with market share rising to 17.4% from 12.1%.
Non-vehicle revenue, including software subscriptions and charging services, made up 12% of total income.
The company added 78 new experience centres, bringing the total to 524, and expanded its Ather Grid fast-charging network to 4,322 chargers across India, Nepal, and Sri Lanka.
🔗 Source: The Economic Times
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