Ather Energy Reports Rs 23,050 Mn Income and 42% Volume Growth

16 May 2025 CW Team

Ather Energy Ltd, a leading player in India’s electric two-wheeler segment, reported strong operational and financial performance for the year ended thirty-first March 2025. Vehicle sales rose by forty-two per cent to 1,55,394 units. Total income increased by twenty-nine per cent year-on-year to Rs 23,050 million.

The Adjusted Gross Margin more than doubled to nineteen per cent in FY25 from nine per cent in FY24. Adjusted gross profit grew to Rs 4,280 million due to cost optimisation, strategic sourcing, and scale efficiencies. Earnings Before Interest, Depreciation, Tax and Amortisation (EBITDA) improved by approximately one thousand three hundred basis points to negative twenty-three per cent. Net loss reduced by twenty-three per cent to Rs 8,120 million.

Ather Rizta contributed fifty-seven per cent of total volumes post-Q2 FY25, aiding market share gains across key states. The company had a nineteen point seven per cent market share in southern India.

In Q4 FY25, income rose to Rs 6,880 million, up twenty-eight per cent year-on-year. Adjusted Gross Margin reached eighteen per cent and EBITDA improved by approximately one thousand nine hundred basis points. The company ended the quarter with a thirteen point three per cent market share and three hundred fifty-one experience centres across India.

Source: Ather Energy Ltd FY25 Financial Results Press Release

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