Ather Energy Reports First Quarterly Profit

Ather Energy achieved its first consolidated net profit of ₹1.3 Cr in Q2 FY27, contrasting a ₹154.1 Cr loss in the same period last year. The EV maker improved EBITDA margins to 4.9% and plans to invest ₹122 Cr to expand capacity to 11.4 Lakh units by Q2 FY28.