ATHERENERG Ather Energy Q4 FY25 results (Jan–Mar 2025) and concall
Ather Energy reported a strong Q4 and full year FY25, driven by significant volume growth of 42% YoY to 155,000 units and a 29% YoY increase in total income to INR 2,305 crores. Profitability saw substantial improvement, with adjusted gross margin up 1,000 bps to 19% and EBITDA improving by 1,300 bps to minus 23%. The company expanded its distribution network, reduced COGS per unit by 19%, and saw strong adoption of its software offerings, though Q4 expenses were elevated due to new product launches.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 |
|---|---|---|
| Revenue | 635 | 676 |
| EBITDA | -141 | -172 |
| Net profit | -198 | -234 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.




