Ather Energy Q2 FY27: Income up 62% YoY to ₹1,527 Crore, PAT ₹1.26 Crore
Ather Energy's Q2 FY27 total income grew 62% YoY to ₹1,527 crore. PAT turned positive at ₹1.26 crore from a ₹154 crore loss. EBITDA margin improved to 4.9%. The company will invest ₹122 crore to increase annual production capacity by 2.25 lakh units to 11.4 lakh units by Q2 FY28. The new Konarc scooter was launched.
The substantial increase in income, return to profitability, significant capacity expansion plans, and new product launches are material events that will likely have a high impact on the company's market position and financial performance.
The company reported strong year-on-year growth in total income and a significant turnaround in profitability, moving from a loss to a profit. Expansion plans and new product launches indicate positive future outlook.
Ather Energy reported a strong performance for Q2 FY27, with total income rising 62% year-on-year to ₹1,527 crore. The company achieved its second consecutive EBITDA-positive quarter, with EBITDA margin improving to 4.9% from -9.6% in the previous year. Consolidated profit after tax (PAT) for the quarter was ₹1.26 crore, a significant turnaround from a loss of ₹154 crore a year earlier.
Consumer demand surged, with pre-orders more than doubling to 1.80 lakh in Q2 FY27. To meet this rising demand, Ather plans to enhance its production capacity by 2.25 lakh units across its Hosur and AURIC facilities. The Hosur facility's annual capacity will increase by 75,000 units to 4.95 lakh units by December 2026. The new AURIC facility is set to begin production in phases from December 2026, with an initial capacity of 5 lakh units, expandable to 6.5 lakh units by Q2 FY28. These expansions will bring Ather's combined installed annual capacity to approximately 11.4 lakh units by Q2 FY28, supported by an investment of ₹122 crore.
The company also saw its non-vehicle revenue, primarily from AtherStack Pro, Ather Grid, accessories, spares, and service, rise to 15% of revenue from operations. Consolidated Adjusted Gross Margin (AGM) improved by 160 basis points year-on-year to 24%. The company launched the Konarc scooter on the new EL platform, featuring a metal body, long-travel suspension, and advanced features like MagicKey™, AutoPop™, and AirWalk™. Additionally, Ather unveiled Ather TrueHealth™, a vehicle health report, and AtherNode™, a charging solution for apartment complexes. Tarun Mehta, Co-founder & CEO, expressed optimism about the structural shift to electric two-wheelers and Ather's growth potential with an expanded product portfolio and increased production capacity.
What to do with a filing like this
Ather Energy Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Ather Energy Limited. Read the original for the full detail.