Ather Energy’s Board of Directors has approved the unaudited financial results for Q2 2026. The company reported total income of ₹9.41 billion and a loss before tax of ₹1.54 billion. These results reflect the company’s ongoing efforts to navigate supply chain challenges while expanding its market presence. Equity shares were also issued under the ESOP program.
Financial Performance Overview
Ather Energy announced its unaudited financial results for the quarter ended September 30, 2025. Key highlights include a total income of ₹9.41 billion. The company faced a loss before tax of ₹1.54 billion for the quarter.
Key Financial Figures
Here’s a breakdown of Ather Energy’s financial performance for Q2 2026:
- Total Income: ₹9.41 billion
- Total Expenses: ₹10.95 billion
- Loss Before Tax: ₹1.54 billion
Equity Share Issuance
During the quarter, Ather Energy issued 7,864,573 equity shares following the exercise of employee stock options (ESOP). These shares have a face value of ₹1 each.
Impact of Supply Chain Disruptions
The company faced some difficulties due to export bans on certain heavy rare earth magnets. The company made temporary adjustments, impacting its ability to submit demand incentive claims under the PM E-DRIVE scheme. Revenue recognition of ₹192 million has been deferred on vehicles sold during this period.
Source: BSE
