Follow us
Ather’s Profitability Puzzle: How Will It Balance Growth, Profit, and a Competitive EV Market?
Now that Ather Energy has completed a successful IPO—raising close to Rs 3,000 crore—Autocar Professional examine the challenging path that lays ahead for e-2wheeler maker.
By Prerna Lidhoo & Darshan Nakhwa
08 May 2025
8455 Views
Share -
As the dust settles on Ather Energy, India’s first mainline IPO of FY26, investor sentiment has been one of caution. For many, the company remains a high-stakes bet in an increasingly competitive EV market.
They point out that despite being a pioneer, Ather Energy continues to operate in the red, with slowing growth: Even as FY24 saw a modest increase in volumes to 1.1 lakh from 92,093 units, revenue dipped by 2% to Rs 1,753.8 crore, while net loss widened to Rs 1,059.7 crore from ₹864.5 crore. In the quarterly-earnings-obsessed equity markets, such numbers evoke skepticism.
“Ather Energy’s ...
RELATED ARTICLES
Team Piranha Racing Clinches Overall Title at Baja SAE India 2026
Angitha Suresh
22 Mar 2026
Dr. Vishwanath Karad MIT World Peace University, Pune wins the top prize as 56 awards are presented across static and dy...
Team Piranha Racing Wins mBAJA SAEINDIA 2026 at BVRIT Narsapur
Angitha Suresh
22 Mar 2026
The 19th edition of India's student ATV engineering competition concluded on March 8, drawing over 50 teams from enginee...
Twin Tube Tunnels Near Completion on Jammu–Srinagar Highway's Most Accident-Prone Stretch
Angitha Suresh
22 Mar 2026
The Digdol–Panthyal tunnel project on NH-44 is 87% complete, promising year-round road access through a section long dis...
