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Ather Posts Narrow September-Quarter Profit; Ola's Q2 Results Remain Unavailable

Ather reported unaudited consolidated profit of ₹1.26 crore, less than 0.1% of total income, and a ₹49.83 crore loss for the first half of FY27.

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Electric scooters move along an assembly line at Ather Energy’s factory in Hosur, India / EconoTimes.ai
Electric scooters move along an assembly line at Ather Energy’s factory in Hosur, India / EconoTimes.ai

Ather Energy reported a small consolidated profit for July-September, while Ola Electric's investor page still lists its second-quarter results as unavailable, leaving investors without a same-period comparison between the Indian electric-vehicle companies.

Ather Energy Limited reported unaudited consolidated net profit of ₹1.26 crore for the quarter ended Sept. 30, 2026. Revenue from operations was ₹1,464.24 crore, and total income was ₹1,526.95 crore. Profit was less than 0.1% of total income; the filing lists total expenses of ₹1,525.69 crore.

Ather also reported a consolidated loss of ₹51.09 crore in Q1 FY27 and a ₹49.83 crore loss for the six months ended Sept. 30.

Ola Electric Mobility Limited's latest consolidated filing covers the quarter ended June 30, 2026. It reports revenue from operations of ₹455 crore and a net loss of ₹336 crore. Ola's investor-relations page lists its Q2 FY27 earnings release, shareholders' letter and financial results as “NA” and gives no release date.

An Ola Electric spokesperson said in the company's Q1 release that volumes, revenue and market share “strengthened during the quarter.” The statement referred to April-June, not July-September.

For market context, LiveMint reported chart analysis by Mahesh M Ojha, KC Securities' vice president of research and business development. These are analyst views reported by LiveMint, not company guidance.

The available filings cover different three-month periods, so they do not yet provide a like-for-like comparison. Ola has not listed a date for its Q2 results.

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