Indian electric two-wheeler maker Ather Energy delivered a markedly improved financial performance in the third quarter, narrowing its net loss by 57% year-on-year to INR 85 crore, while revenue surged 50% compared to the same period last year. The numbers signal growing maturity in India’s electric vehicle (EV) ecosystem, as demand scales up and manufacturers focus sharply on cost discipline.
The Bengaluru-based company’s Q3 results reflect a combination of stronger scooter sales, improved operating efficiency, and better leverage of its charging and software ecosystem. For a sector that has long been criticised for high cash burn and slow paths to profitability, Ather’s performance stands
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