Ather Energy Reduces Q4 Loss to ₹234.4 Cr as 𝙍𝙞𝙩𝙯𝙖 Boosts Sales

May 13, 2025

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Ather Energy, a prominent player in India’s electric vehicle (EV) market, reported a 17% reduction in net loss to ₹234.4 crore in Q4 FY25, driven by improved gross margins and strong sales growth.

The EV manufacturer’s revenue surged by 29% to ₹676 crore, propelled by the rising demand for its flagship electric scooter, the Rizta.

Strong Demand for Rizta Model Boosts Sales

The surge in revenue can be attributed to the strong demand for Ather’s ‘Rizta’ family scooters, which have become the company’s best-selling model. In the fourth quarter, the Rizta accounted for 57% of total deliveries, highlighting its popularity among consumers. Overall, Ather’s scooter sales increased by 35% year-on-year, reaching approximately 47,400 units.

Operational Efficiency Enhances Profitability

Ather Energy’s focus on operational efficiency led to a doubling of its adjusted gross margin to 18% in Q4 FY25. This improvement in margins played a crucial role in narrowing the company’s net loss.

Despite a widened EBITDA loss of ₹962 crore from ₹485 crore a year ago, the company’s strategic cost-cutting measures and emphasis on high-performing products like the Rizta have helped mitigate losses.

Way Ahead

While the EV maker successfully narrowed its net loss by 17% to ₹234.4 crore, rising expenses and subsidy reductions continue to pose challenges.

Moving forward, Ather’s ability to sustain its revenue momentum and manage costs will be crucial as it navigates a highly competitive electric vehicle market in India.