Ather Energy share price surged sharply in early trade on August 4, 2026, a day after the electric two-wheeler manufacturer announced its Q1 FY27 earnings. The stock climbed to an intraday high of ₹1,500, marking its first-ever move above the ₹1,500 level.
For the quarter ended June 2026, Ather Energy reported:
Total income increased 87.2% YoY to ₹1,260 crore.
Vehicle deliveries rose 80.5% YoY to 83,173 units.
EBITDA turned positive at ₹9 crore, compared with a loss of ₹106 crore in Q1 FY26, representing an improvement of 1,650 basis points (bps).
Net loss narrowed to ₹51 crore from ₹178 crore a year earlier.
Adjusted Gross Margin increased 82.3% YoY to ₹282 crore.
The company said revenue growth was supported by higher vehicle sales, calibrated pricing actions and increasing contribution from non-vehicle businesses such as software subscriptions, charging services, accessories and after-sales services.
Read More: Ather Energy Launches Pothole Alert Feature
Ather continued to witness strong customer demand during the quarter.
Key operational highlights include:
Customer enquiries rose 95% YoY to 707,000.
Pre-orders increased 158% YoY to 150,000.
India's electric two-wheeler registrations grew 68% YoY to around 525,000 units, while EV penetration crossed 10% for the first time in June 2026.
To support future growth, the company said Factory 3.0 at AURIC, Chhatrapati Sambhaji Nagar, remains on schedule. Phase 1, with an annual production capacity of 500,000 units, is expected to begin production in Q3 FY27.
Ather also announced that it will unveil the first production scooter based on its new EL platform on August 29, 2026, during Ather Community Day 2026.
As of August 4, 2026, at 10:08 AM, Ather Energy share price was trading at ₹1,442.40 on the NSE, up 13.33% from the previous close of ₹1,272.70.
During the session, the stock rallied 17.86% intraday, rising from the previous close to the day's high of ₹1,500.
Ather Energy share price touched the ₹1,500 mark for the first time, gaining nearly 18% intraday after investors reacted to its Q1 FY27 earnings. The company's return to positive EBITDA, sharp growth in deliveries, narrowing net loss, and continued demand momentum contributed to the positive market reaction.
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Published on: Aug 4, 2026, 10:26 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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