Ather Energy Ltd

📈 Ather Energy FY2026: Revenue Up 63%, Losses Narrowed Significantly

• Revenue from operations increased to ₹3,671.76 crores in FY2026 from ₹2,255.01 crores in FY2025.

• Net loss reduced to ₹517.17 crores in FY2026 from ₹812.28 crores loss in FY2025.

• IPO proceeds of ₹2,626 crores were partially utilized, with ₹1,008.93 crores spent and ₹1,617.07 crores unutilized as of March 31, 2026.

• Exceptional items of ₹5.04 crores were recorded due to increased liabilities from new labor code provisions.

• Employee stock options resulted in the issuance of 1,02,13,496 equity shares during FY2026.

• Total assets increased to ₹4,721.51 crores in FY2026 from ₹2,100.61 crores in FY2025, driven by growth and IPO funding.