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
8913 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
India Faces Scrap Supply Risk as MRAI Flags Proposed EU Export Ban
Dev Vadchhedia
02 Oct 2026
Automotive and metal recycling industries lobby for trade intervention as draft European Union waste regulations threate...
Aprilia SXR GT 125 and 175 Launched in India
Autocar Professional Bureau
02 Oct 2026
Starting at Rs 1.11 lakh, the SXR GT revives Aprilia’s maxi-scooter line-up with updated engines, larger 14-inch wheels ...
Honda Rebel 500 Recall Campaign to Begin on November 1
Autocar Professional Bureau
02 Oct 2026
The recall affects 96 motorcycles manufactured between April and August 2025 over a potential issue with the handle-lock...
