Ather moved into a small quarterly profit, while its first half remained loss-making. The electric-scooter maker also approved expansion at Hosur and its under-construction Maharashtra factory.
Primary documents checked: . Amounts are in Indian rupees; crore and million conversions are identified where used.
| Measure | Verified disclosure | Primary source |
|---|---|---|
| Consolidated revenue from operations | ₹1,464.24 crore; year-ago comparative ₹898.88 crore is standalone | Consolidated table and note (x), PDF p3, p6 |
| Consolidated other income | ₹62.71 crore | Consolidated table, PDF p3 |
| Consolidated Q2 profit / H1 loss | ₹1.26 crore profit / ₹49.83 crore loss | Consolidated table, PDF p3 |
| Hosur capacity addition | 75,000 units a year; 420,000 to 495,000; expected December 2026 | Annexure A, PDF p2 |
| Factory 3.0 capacity addition | 150,000 units a year; planned 500,000 to 650,000; expected Q2 FY28 | Annexure A, PDF p2 |
| Earmarked capital expenditure | About ₹122 crore including taxes; financing through debt and internal accruals | Board disclosure and annexure, PDF p1-2 |
A small profit, not yet a profitable half year
Ather Energy reported consolidated profit of ₹1.26 crore for the quarter ended 30 September 2026, compared with a ₹51.09 crore loss in the June quarter. Revenue from operations was ₹1,464.24 crore. The company announced the results on 26 October.
Other income was ₹62.71 crore, a material amount beside the small net profit. The first half still recorded a ₹49.83 crore loss. These figures distinguish a quarterly improvement from sustained profitability over a longer period.
The September 2025 comparative column shows revenue of ₹898.88 crore and loss of ₹154.07 crore. Note (x) says figures before the June 2026 quarter are standalone, covering the company alone: consolidated reporting, which includes subsidiaries, began with June 2026. The comparison should retain that difference.
What the expansion approval covers
The board earmarked approximately ₹122 crore, including taxes, to increase annual capacity at Hosur by 75,000 units and planned capacity at Factory 3.0 in Chhatrapati Sambhajinagar by 150,000 units. Together, the additions total 225,000 units a year; capacity is a production capability, not units already sold.
The Hosur addition is expected in December 2026. Factory 3.0 remains under construction, and its additional capacity is expected in Q2 FY28. Funding is planned through a combination of debt and internal accruals, meaning money generated within the business.
Hosur’s amount includes a ₹53 crore battery line expected to be completed in Q3 FY28. That later date must not be folded into the December 2026 capacity deadline. Board approval and earmarked expenditure are not proof that the spending or expansion has been completed.
What to watch
The practical questions are whether operating revenue supports continued profitability and whether each capacity milestone is met. This report does not verify a share-price reaction, predict demand or describe any planned plant capacity as operational.
More company earnings: Supreme Industries Q2 FY27.
AI-assisted reporting checked against the linked primary documents. This is not independent human editorial approval or investment advice.
Primary sources: Ather consolidated results – 2026-10-27T05:58:44Z; Ather capacity disclosure – 2026-10-27T05:58:44Z.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.