Markets

Ather Energy Shares Jump Five Percent Following Profitable Second Quarter Results

Originally reported by LiveMint Markets as: Ather Energy shares already up 126% in 2026 and jump 5% to extend post Q2 rally today - Should you buy famous EV stock?

27 Oct 2026, 10:08 am IST · Xecute.finance News Desk

The crisp read

Ather Energy turned profitable in the second quarter, posting a profit of 1.26 crore rupees alongside a sixty-three percent increase in revenue. Vehicle sales grew forty-four percent year-on-year, driving a five percent stock jump during an ongoing post-earnings rally. The firm intends to invest 122 crore rupees to scale annual manufacturing capacity.

Why it matters: Tracks the financial turnaround and capacity expansion plans of a prominent Indian electric vehicle manufacturer for investors.

Deep dive - the full story

Ather Energy has shifted back into a profitable position during the second quarter, logging a net profit of ₹1.26 crore alongside a 63 percent surge in revenue to reach ₹1,464.2 crore. Alongside these earnings, the firm recorded a 44 percent year-on-year expansion in vehicle sales volumes, prompting a 5 percent increase in share value to extend its ongoing post-Q2 rally. Total stock gains for the year have now reached 126 percent.

This operational growth underpins the company's financial health as it demonstrates an ability to scale top-line revenue while securing positive bottom-line results. Investors tracking the electric vehicle sector can observe how volume growth translates directly into profitability, though the debate remains active regarding whether current valuation levels offer a viable entry point for fresh capital.

Looking ahead, the enterprise intends to channel an investment of ₹122 crore toward expanding its total manufacturing output. This capital deployment aims to elevate annual production capacity to approximately 11.4 lakh units by the second quarter of fiscal year 2028, with market participants expected to monitor subsequent capacity milestones.

Source: livemint.com

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