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Ola Electric rival Ather Energy's revenue jumps 29% to Rs 676 crore in Q4FY25; loss at Rs 234.4 crore

  • Ather Energy, a competitor of Ola Electric, reported a narrowed loss of Rs 234.4 crore in Q4FY25, a 17% improvement year-on-year.
  • The company's revenue from operations increased by 29% to Rs 676.1 crore in the same quarter, with total income reaching Rs 687.8 crore.
  • For the full FY25, Ather Energy reported operating revenue of Rs 2,255 crore, with a net loss of Rs 812.3 crore, showing a 23% decrease in losses compared to the previous fiscal.
  • Despite lukewarm investor response to its IPO, Ather Energy made its stock market debut with fluctuating prices, closing lower on the first day; Ather faces stiff competition in the EV sector but aims to expand and enhance efficiencies.

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