Positive impactResults

Ather Energy shares skyrocket 19% after EV maker swings to Rs 1.26 crore profit in Q2

Economic Times 57 min ago·26 Oct 2026, 10:36 am

Ather Energy's stock price jumped nearly 19% after the electric scooter maker reported its first quarterly net profit in over two years. The company turned profitable in Q2 FY27 with a net profit of Rs 1.26 crore, a massive turnaround from a loss of Rs 154 crore the previous year. This milestone is significant as it proves the company's business model is finally sustainable and efficient.

Revenue also grew by over 62% to Rs 1,464 crore, showing strong demand for its products. Additionally, the board approved a capacity expansion worth Rs 122 crore, indicating confidence in future growth. For investors, this signals a maturing business with better operational control. Moving forward, the key is to monitor how this profit momentum continues and if the company can maintain its growth trajectory in the coming quarters.

Affected stocks

Bullish1 stock

Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.

Key takeaways

  • Concerns Ather Energy (ATHERENERG).
  • Category: Results.
  • AI reads the tone as positive (potentially bullish) for the stock.
  • Assessed as a significant, market-relevant update.

Why it matters

A meaningful update for Ather Energy worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.