Ather Energy Reports First Positive EBITDA and Launches New Konarc Scooter
Ather Energy reported its first consolidated EBITDA profitability, turning positive to ₹9 crore (0.8% margin) in Q1 FY27 versus an EBITDA loss of ₹106 crore in Q1 FY26. Net loss fell by over 71% to ₹51 crore. The company also launched the Konarc electric scooter at ₹99,999, and Hero MotoCorp completed a ₹1,758 crore block deal to expand its stake.