After delivering a robust performance in the December quarter, Ather Energy has sounded a note of caution on the road ahead, flagging commodity price volatility as a key risk even as demand for electric two-wheelers continues to rise in India.
The Bengaluru-based electric vehicle (EV) manufacturer reported a strong Q3 performance, driven by higher vehicle sales, improved operational efficiency, and growing traction for its latest scooter models. However, company executives acknowledged that fluctuations in raw material prices—particularly metals and battery components—could pressure margins in the coming quarters if volatility persists.
Strong Quarter Backed By Demand And Scale
Ather’s Q3
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