Overview
- Ather reported a net loss of Rs 154.1 crore for the quarter ended September 30, 2025, versus Rs 197.2 crore a year earlier.
- Revenue from operations climbed to Rs 898.9 crore year-on-year, while total expenses increased to Rs 1,094.8 crore from Rs 796.1 crore.
- An export ban by China on certain heavy rare earth magnets disrupted traction‑motor supplies and led suppliers to temporarily deviate from PMP domestic‑fitment rules.
- The company deferred submission and recognition of PM E‑DRIVE demand‑incentive claims totaling Rs 19.2 crore for eligible vehicles sold in Q2 and the half year.
- Ather cited stronger sales and reach, reporting 65,595 units sold for a 17.4% market share and opening 78 new experience centres to reach 524 locations.