Ather Energy has released its unaudited financial results for Q3 2026, reporting a loss of INR 846 million. Simultaneously, the company’s board has approved key strategic initiatives, including the allotment of equity shares under the ESOP 2025 plan and the incorporation of a Wholly Owned Subsidiary in Hong Kong. These moves aim to bolster supply chain resilience and support critical procurement functions in the Asia-Pacific region.
Financial Performance Overview
Ather Energy reported unaudited financial results for the quarter ending December 31, 2025. The company recorded a loss of INR 846 million. Total income for the quarter stood at INR 9,957 million, with expenses totaling INR 10,753 million. The loss per equity share was reported as INR 2.22.
ESOP Allotment Approved
The Board has approved the allotment of 4,94,266 equity shares to eligible ESOP holders under the Ather Energy ESOP 2025 Plan. These shares, with a face value of INR 1 each, will rank equally with existing equity shares.
Subsidiary Incorporation for APAC Expansion
Ather Energy will incorporate a Wholly Owned Subsidiary (WOS) in Hong Kong. This initiative is designed to enhance supply chain resilience and support critical procurement functions within the Asia-Pacific (APAC) region. The incorporation aims to streamline operations and improve access to key resources.
Additional Financial Details
For the nine months ended December 31, 2025, the company’s total comprehensive loss amounted to INR 4,185 million. Paid-up equity share capital stood at INR 382 million. The company is taking proactive steps to streamline operations and strengthen its market position.
Exceptional Items
The financial results include an exceptional item of INR 50 million related to an increase in gratuity and compensated absences liability due to the enactment of new labor codes.
Source: BSE
