Ather Energy announced strong results for Q3 FY26, highlighted by a 50% year-over-year increase in unit sales and achieving its highest-ever monthly registrations in October. The company also saw significant growth in its distribution network, expanding its national presence to over 600 ECs. Rizta’s popularity continues to grow, contributing to the company’s overall success.
Q3 FY26 Financial Highlights
Ather Energy reported significant growth in its Q3 FY26 performance:
- Units Sold: 68k (up 50% YoY)
- Total Income: ₹9,957 Mn (up 53% YoY)
- Adjusted Gross Margin: ₹2,513 Mn (up 111% YoY)
Rizta’s Growing Popularity
The popularity of Rizta is rapidly increasing:
- First 1 lakh+ Riztas sold in 11 months.
- Next 1 lakh+ Riztas sold in just 7 months.
- Over 5,00,000+ Ather vehicles sold.
Network Expansion
Ather Energy is rapidly scaling its national presence. The network has doubled in one year, reaching over 600 ECs.
Market Share Gains
Ather Energy has achieved significant market share gains across India:
- 18.8% market share and 50% YoY growth in Q3 FY26.
- Increasing market share with distribution expansion.
Technological Advancements
Ather Energy continues to innovate with its AtherStack platform:
- AtherStack 7 has a sustained high attach rate of 91%.
- Upcoming features include Pothole Alerts and Voice on Ather.
Charging Infrastructure
Ather Energy is expanding its charging infrastructure:
- Over 5,000+ charging points.
Source: BSE
