2/3 Wheelers company Ather Energy announced Q1FY26 results Ather Energy reported total income of Rs 672.9 crore, up 83% YoY. Adjusted Gross Margin stood at Rs 154.8 crore, up 117% YoY. EBITDA margin improved to -16%, by ~1,700 bps YoY, narrowing EBITDA losses to Rs 106.0 crore. Losses after tax for the quarter also narrowed to Rs 178.2 crore. The company’s national market share rose to 14.3% in Q1FY26, up from 7.6% in Q1FY25. Tarun Mehta, Executive Director & CEO, Ather Energy, said: “We have had a phenomenal start to this financial year, led by Rizta’s success and a strong expansion of our retail footprint. We were No.1 by market share in South India this quarter and are now scaling up quickly across Middle India, which has ramped up faster than expected. Over the next quarters, there will be a larger footprint expansion in the Northern markets. This quarter saw significant growth in our margins, demonstrating our strong focus on profitability. Even as we expand pan-India, our ASP has held steady, and our market share continues to grow.“ Result PDF