India, May 12 -- Recently listed EV major Ather Energy narrowed its net loss by 17% to INR 234.4 Cr in the fourth quarter of FY25 from INR 283.3 Cr in the year-ago quarter. However, on a quarter-on-quarter (QoQ) basis, the company's loss grew 19% from INR 197.8 Cr.
The company's top line shot up on a QoQ as well as year-on-year (YoY) basis. Ather's operating revenue rose 29% to INR 676.1 Cr during the quarter under review from INR 523.4 Cr in the year-ago quarter. It increased 7% from INR 634.9 Cr in Q3.
Including other income of INR 11.7 Cr, the company's total income for Q4 FY25 stood at INR 687.8 Cr.
EBITDA loss for the quarter stood at INR 530.7 Cr, down 18% from INR 649.4 Cr a year ago. EBITDA margin also improved to -23% from -36...
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