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Ather Energy reported a narrowed net loss of ₹234.4 crore for the fourth quarter of fiscal year 2025, marking a 17% improvement from the ₹283.3 crore loss recorded in the same period of FY24. The company's revenue increased by 29% year-over-year in Q4 FY25. This quarter represents Ather Energy's first earnings report following its initial public offering. The company also experienced a 42% increase in units sold during FY25. CEO Tarun Mehta highlighted ongoing development of a new platform aimed at reducing expenses and set a near-term market share target exceeding 20%. Additionally, Ather Energy's pricing has approached the ₹1 lakh mark over the past three years.
#OnCNBCTV18 | Units sold saw an increase of 42% in FY25. New platform we are working on, should help reduce expenses. Our price in last 3 yrs has come close to ₹1 lk barrier Near-term target for market share to be of more than 20%, says Tarun Mehta, CEO OF #AtherEnergy to https://t.co/T7HvzEIV3h
☀️ Good morning, readers! Kick-start your day with these top stories from @ETtech ■ #Flipkart‘s quick breather ■ Now hiring: #AI leaders ■ Why UPI wallets are back in focus ■ @atherenergy's Q4 financials ■ @Uber takes on @porterit_ https://t.co/lWmuWS4ifx
💸📈#ICYMI || @atherenergy loss narrows to Rs 234 crore in Q4 as revenue rises Read more at: ⬇️⬇️ https://t.co/LNutoeDeSO https://t.co/meWXCOA7sz
