Ather Energy shares already up 126% in 2026 and jump 5% to extend post Q2 rally today
60-Word AI Digest
Ather Energy returned to profitability in Q2, reporting ₹1.26 crore profit and 63% revenue growth to ₹1,464.2 crore. Vehicle sales rose 44% year-on-year. The company plans to invest ₹122 crore to expand annual production capacity to about 11.4 lakh units by Q2 FY28.
Key Takeaways
- Ather Energy returned to profitability in Q2, reporting ₹1.26 crore profit and 63% revenue growth to ₹1,464.2 crore.
- Vehicle sales rose 44% year-on-year.
- The company plans to invest ₹122 crore to expand annual production capacity to about 11.4 lakh units by Q2 FY28.
Ather Energy returned to profitability in Q2, reporting ₹1.26 crore profit and 63% revenue growth to ₹1,464.2 crore. Vehicle sales rose 44% year-on-year. The company plans to invest ₹122 crore to expand annual production capacity to about 11.4 lakh units by Q2 FY28.
Original Publisher Attribution
This summary was curated from Should you buy famous EV stock?.