Results · Mobility & Logistics

Ather Energy posts results and plans retail expansion

By Startup Enthusiast · 18 June 2025

What they do

Ather Energy manufactures electric scooters with two plants in Tamil Nadu

The company reported Q4 revenue of Rs 676.1 crore and a net loss of Rs 234.4 crore

It aims to double its retail network to 700 centers by March 2026

Ather Energy reported Rs 676.1 crore operating revenue for the fourth quarter of FY25.
The company posted a net loss of Rs 234.4 crore, which is a 17% reduction year-over-year.
Revenue grew by 29% compared to the same period last year.
The firm plans to double its retail experience centers to 700 across India by March 2026.
Current operations include 351 retail outlets in India as of March 31, 2025.
North India store counts are set to triple under the new expansion plan.
The company also intends to expand its service center footprint alongside retail growth.
International presence includes 24 centers in Nepal and Sri Lanka.

Ather Energy went public via an IPO in May 2025.
The Rizta scooter accounts for nearly 60% of total sales volume.
Rizta sales crossed 1 lakh units within its first year of launch.
Sales have boosted significantly in states like Gujarat, Rajasthan, and Maharashtra.

Ather Energy manufactures electric scooters at two plants in Hosur, Tamil Nadu.
One plant handles vehicle assembly while the other focuses on battery manufacturing.
An upcoming facility in Bidkin, Maharashtra, will increase capacity to 1.42 million scooters annually.
The company operates over 3,578 Ather Grid fast-charging points across India.
Express Care services allow periodic maintenance to be completed within 60 minutes.
Gold Service Centres are being expanded in key cities for premium support.
Nearly half of its Indian retail outlets are located in South India.
The company targets growth in East and West India regions by FY26.
Stock price stood at Rs 323.25 on the BSE on June 18, 2025.