Ather Energy Reports Rs 1.3 Crore Profit in Q2 FY27 as Revenue Rises 62.9%

Ather Energy reported a consolidated net profit of ₹1.3 crore in the second quarter of FY27, ended September 2026, compared with a net loss of ₹154.1 crore in the corresponding quarter of the previous financial year. The electric two-wheeler manufacturer had reported a net loss of ₹51.1 crore in the first quarter of FY27.

The company’s operating revenue increased 62.9% year-on-year to ₹1,464.2 crore in Q2 FY27 from ₹898.9 crore in the same period last year. On a sequential basis, revenue grew 20.3% from ₹1,216.9 crore in Q1 FY27.

Including other income of ₹62.7 crore, Ather Energy’s total income reached ₹1,527 crore during the quarter, compared with ₹940.7 crore in the corresponding period of the previous financial year.

Ather Energy’s total expenses rose 39.4% year-on-year to ₹1,526 crore in Q2 FY27 from ₹1,094.7 crore in the year-ago quarter. Despite reporting a quarterly net profit, the company’s operating revenue remained ₹61.5 crore below its total expenses. Other income contributed to the company’s reported profitability during the quarter.

The results follow an improvement in Ather Energy’s operating performance in Q1 FY27, when the company reported positive earnings before interest, taxes, depreciation and amortisation (EBITDA) of ₹9 crore. However, it recorded a net loss of ₹51.1 crore during that quarter.

Alongside its financial results, Ather Energy announced plans to increase its annual manufacturing capacity by a combined 2.25 lakh units across its existing manufacturing facility in Hosur, Tamil Nadu, and its upcoming Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra.

The planned expansion is expected to support the company’s manufacturing requirements as it scales up its electric two-wheeler business. The capacity expansion forms part of Ather Energy’s efforts to strengthen its production capabilities alongside the growth of its electric vehicle operations.