Ather Energy's net loss narrowed 17% year-on-year to Rs 234.4 crore in Q4 FY25, driven by rising volumes and improved margins.
The Bengaluru-based company reported a 29% increase in operating revenue to Rs 676.1 crore in Q4, with electric scooter sales rising 35% to around 47,400 units.
For FY25, Ather had an operating revenue of Rs 2,255 crore, while its net loss narrowed 23.3% to Rs 812.3 crore. The company attributed this improvement to strong margins and volume growth.
Ather focused on expanding its distribution network by adding 143 stores, with its shares debuting on Indian bourses and aiming for profitability despite heightened competition in India's E2W market.