Sunday, 1 June, 2025

Ather Energy Outperforms Ola Electric in Q4 FY25: Revenue Climbs 29% as Ola's Losses Double

Ather Energy reported a 29% year-over-year revenue increase to ₹676.1 crore and reduced its net loss by 17% to ₹234.4 crore, driven by higher sales volumes and improved margins. Conversely, Ola Electric's revenue plunged 62% to ₹611 crore, with losses doubling to ₹870 crore, partly due to registration process issues. Despite leading in unit sales, Ola's financial performance lagged behind Ather's steady growth.