Markets

Ather Energy Shares Jump Nineteen Percent Following Profitable Second Quarter Results

Originally reported by ET Markets as: Ather Energy shares skyrocket 19% after EV maker swings to Rs 1.26 crore profit in Q2

26 Oct 2026, 4:06 pm IST · Xecute.finance News Desk

The crisp read

Ather Energy shares jumped nearly nineteen percent after the electric vehicle maker posted a net profit of Rs 1.26 crore for Q2 FY27. This performance reversed a loss of Rs 154 crore from the previous year alongside a 62.8 percent revenue increase. Additionally, the company greenlit Rs 122 crore for expanding production capacity.

Why it matters: Crucial for EV sector investors monitoring profitability trends and production scaling in competitive green mobility markets.

Deep dive - the full story

Ather Energy witnessed a near nineteen percent surge in its share price after posting a net profit of Rs 1.26 crore during the second quarter of financial year 2027. This financial turnaround successfully reversed the net loss of Rs 154 crore recorded during the corresponding period of the previous year. Along with returning to profitability, the electric two-wheeler manufacturer reported a 62.8 percent year-on-year growth in revenue, bringing the total top-line figure to Rs 1,464 crore.

This operational improvement highlights stronger demand for the company's electric scooters and improved cost management. To support this ongoing business momentum, the corporate board additionally sanctioned an outlay of Rs 122 crore dedicated to manufacturing capacity expansion. Such capital allocation demonstrates management's commitment to scaling output as the domestic electric vehicle landscape continues to evolve.

Investors and market participants will monitor how effectively this capital expenditure translates into higher manufacturing output and sustained profitability in upcoming quarters. Stakeholders should review future financial disclosures to track capacity utilization rates and the firm's market share trajectory within the electric mobility segment.

Source: economictimes.indiatimes.com

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