Ather Energy’s Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also disclosed plans for significant capacity expansion at its Hosur factory, involving an investment of ₹58 crore, and its upcoming Factory 3.0 in Chhatrapati Sambhajinagar, requiring an investment of ₹64 crore, totaling ₹122 crore for new capacity to meet business demand.
Ather Energy Reports Financials, Greenlights Expansion
Ather Energy Limited announced today that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year period concluding on September 30, 2026. The review of these results was conducted by M/s. Deloitte Haskins & Sells, Chartered Accountants.
Significant Capacity Expansion Planned
In addition to the financial results, the Board also approved substantial capacity expansion initiatives across its manufacturing facilities. The Hosur factory will see an addition of 75,000 units per annum, with an investment of up to ₹58 crore (including tax). This expansion is expected to be completed by December 2026.
Furthermore, the company’s new Factory 3.0 at Chhatrapati Sambhajinagar, currently under construction, will accommodate an addition of 150,000 units per annum. The investment for this phase is estimated at up to ₹64 crore (including tax), with completion anticipated in the second quarter of Financial Year 2028. The company stated that these expansions are aimed at scaling up long-term manufacturing output to meet evolving business demands.
Financial Highlights
For the half-year ended September 30, 2026, Ather Energy reported a profit/(loss) before tax of ₹(49.83) crore on a consolidated basis. Revenue from operations for the same period stood at ₹2,681.16 crore. The company also noted a total comprehensive income/(loss) of ₹(47.46) crore for the period.
The standalone financials show a profit/(loss) before tax of ₹(49.37) crore for the half-year ended September 30, 2026. Standalone revenue from operations was ₹2,681.16 crore, with total comprehensive income/(loss) at ₹(47.00) crore.
Source: BSE
