New Delhi, May 12 -- Electric two-wheeler manufacturer Ather Energy narrowed its losses to Rs.234.4 crore in the March quarter of the previous fiscal year. The company had reported a loss of Rs.283.30 crore during the same period a year earlier, according to a regulatory filing.
The company's revenue increased by 29% to Rs.676 crore in the quarter being reviewed, compared to Rs.523 crore in the corresponding quarter of the previous year. For the fiscal year 2024-25, Ather Energy reported a net loss of Rs.812 crore, down from Rs.1059.70 crore the previous year.
"With a strong 42% increase in vehicle volumes and a 29% rise in total income year-on-year, Ather continues to demonstrate solid growth momentum. The company has also made substan...
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