Ather Energy generated Rs 676 crore in revenue in Q4 FY25, surpassing Ola Electric’s Rs 611 crore by Rs 65 crore, despite selling fewer vehicles.
Ather sold 47,579 vehicles, while Ola Electric sold 60,083, about 1.5 times more.
Ather’s higher average selling price (Rs 1,42,080 vs. Ola’s Rs 1,01,690) contributed to its revenue lead.
Ather’s losses were significantly lower at Rs 234 crore compared to Ola Electric’s Rs 862 crore, reflecting better cost management and operational efficiency.