Ather Energy Shares Dipped After Q4FY25 Results Release: Revenue Up and Losses Reduced

On May 13, 2025, Ather Energy share recorded a dip of over 1%, reaching a day low of ₹305.25 at 09:30 AM, after opening at ₹309.10 on BSE. The fall in Ather share price follows the release of results for the quarter and full year ended March 31, 2025. The leading electric two-wheeler player, Ather reported robust financial and operational results.

Demonstrating sustained growth momentum, the company saw a 42% year-on-year increase in vehicle volumes and a 29% rise in total income.

Ather Q4 FY25 Highlights

During Q4FY25, Ather Energy recorded total income of ₹688 crore, a 28% increase compared to ₹535 crore in Q4 FY24. The company also saw a substantial improvement in its Adjusted Gross Margin, which nearly doubled to 18%, up by ~900 basis points from 9% in the same period last year.

Ather closed the quarter with a 13.3% share of the national electric two-wheeler market, supported by a network of 351 Experience Centres across India. The company further cemented its regional dominance in southern India, achieving a 22.4% market share in Q4 FY25.

EBITDA performance improved sharply, rising by ~1900 basis points over the previous year’s quarter. As a result, Ather successfully reduced its quarterly losses by 17% compared to Q4 FY24, underscoring its commitment to scaling efficiently while enhancing its financial resilience.

Ather FY25 Performance

For FY25, Ather Energy reported total income of ₹2,305 crore, up 29% from ₹1,789 crore in FY24, driven by strong product demand and higher sales volumes.

Adjusted Gross Margin for the year surged to ₹428 crore, 2.7 times higher than FY24, reflecting the company’s focus on cost optimisation through increased production scale, strategic sourcing, and in-house R&D and design capabilities.

Also Read: Ather Share Price Listed with 2% Premium on BSE and NSE

Ather Management on Q4FY25 Results

Tarun Mehta, Executive Director and CEO at Ather Energy, said, “FY25 has been a year of robust growth, with strong increases in both volume and profitability, year-on-year. On the back of our new product launches, we saw strong volume growth of 42%, and our continued investments in engineering and R&D delivered a strong improvement in margins.”

He further added, “Adjusted gross margins doubled, growing by approximately 1,000 bps, and that helped reduce EBIDTA losses by approximately 1,300 bps over the preceding year. Our software sales have continued to trend strongly, with 88% of our customers choosing to buy our Pro Pack in FY25, contributing to the improvement of our bottom line. Q4 was a strong quarter for distribution and saw a 32% expansion in our pan-India store count.”

Conclusion

With the release of Q4FY25 results, the electric 2W player set the stage for growth as it reported a reduction in losses and improved cost optimisation.

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