<p>Bengaluru: Electric two-wheeler maker Ather Energy, on Monday, reported narrowed losses of Rs 234.4 crore in the January-March quarter of the previous fiscal year on the back of a boost in sales of its Rizta model, cooling in lithium prices of batteries and cost reduction. </p>.<p>It had posted a loss of Rs 283.30 crore in the year-ago period, it said in a regulatory filing. Its full year loss shrunk to Rs 812 crore from Rs 1,060 crore in the previous fiscal. The Bengaluru-headquartered company made its debut on the stock exchanges on May 6 this year. </p>.<p>“Our continued investments in engineering and research and development delivered a strong improvement in margins. Our R&D team was able to deliver a 30% price reduction,” said Executive Director and Chief Executive Officer Tarun Mehta during an analyst call. </p>.<p>The income from operations during the fourth quarter of the fiscal year 2025 jumped 29.5% to Rs 676.1 crore from Rs 523.4 crore a year earlier. </p>.Five new malls in Q1 indicative of retail resurgence: JLL.<p>While the southern markets (Karnataka, Kerala, Hyderabad, Chennai) have been traditionally strong for the electric vehicle (EV) company, it has also been witnessing a substantial rise in sales in the non-southern markets. “We believe that non-south markets could be an important driver for growth in the coming days,” Mehta added.</p>.<p>It sold 1,55,394 vehicles in the fiscal year ended March 31, 2025, a 42% jump from previous year’s sales of 1,09,577 units. Its revenue from operations came in at Rs 2,255 crore, 29% increase from last year’s revenue of Rs 1,753.8 crore. Its software sales have continued to trend strongly, with 88% of customers buying it along with the vehicle. </p>.<p>Its adjusted gross margins doubled to 19% while earnings before interest, depreciation, tax and amortisation (EBIDTA) losses came in at Rs 530.7 crore.</p>.<p>In the fourth quarter of FY25 Ather added 86 stores, taking its total store count to 351. The company says it would rather create new variants and offer them at a more compelling price, instead of lowering its products’ price as input costs come down. While the industry had a decent FY25, Ather is of the view that fiscal year 2026 can be a comparatively stronger one, also aiding its volume growth.</p>
<p>Bengaluru: Electric two-wheeler maker Ather Energy, on Monday, reported narrowed losses of Rs 234.4 crore in the January-March quarter of the previous fiscal year on the back of a boost in sales of its Rizta model, cooling in lithium prices of batteries and cost reduction. </p>.<p>It had posted a loss of Rs 283.30 crore in the year-ago period, it said in a regulatory filing. Its full year loss shrunk to Rs 812 crore from Rs 1,060 crore in the previous fiscal. The Bengaluru-headquartered company made its debut on the stock exchanges on May 6 this year. </p>.<p>“Our continued investments in engineering and research and development delivered a strong improvement in margins. Our R&D team was able to deliver a 30% price reduction,” said Executive Director and Chief Executive Officer Tarun Mehta during an analyst call. </p>.<p>The income from operations during the fourth quarter of the fiscal year 2025 jumped 29.5% to Rs 676.1 crore from Rs 523.4 crore a year earlier. </p>.Five new malls in Q1 indicative of retail resurgence: JLL.<p>While the southern markets (Karnataka, Kerala, Hyderabad, Chennai) have been traditionally strong for the electric vehicle (EV) company, it has also been witnessing a substantial rise in sales in the non-southern markets. “We believe that non-south markets could be an important driver for growth in the coming days,” Mehta added.</p>.<p>It sold 1,55,394 vehicles in the fiscal year ended March 31, 2025, a 42% jump from previous year’s sales of 1,09,577 units. Its revenue from operations came in at Rs 2,255 crore, 29% increase from last year’s revenue of Rs 1,753.8 crore. Its software sales have continued to trend strongly, with 88% of customers buying it along with the vehicle. </p>.<p>Its adjusted gross margins doubled to 19% while earnings before interest, depreciation, tax and amortisation (EBIDTA) losses came in at Rs 530.7 crore.</p>.<p>In the fourth quarter of FY25 Ather added 86 stores, taking its total store count to 351. The company says it would rather create new variants and offer them at a more compelling price, instead of lowering its products’ price as input costs come down. While the industry had a decent FY25, Ather is of the view that fiscal year 2026 can be a comparatively stronger one, also aiding its volume growth.</p>