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Ather Energy shares surge after Q4 loss shrinks and revenue races ahead
Business
Published on 5 May 2026
Loss fell fast, but the real shock is margin turnaround
Ather Energy stock jumped after its Q4 FY26 performance, with losses narrowing sharply and revenue surging. The company reported a 36.3% drop in FY26 loss, strong quarterly growth, and improved EBITDA margins, despite higher costs and pressures like lithium price volatility and production disruptions from rare-earth magnet export limits. Brokerages stayed bullish, citing long-term growth and network expansion.
- Ather shares hit an all-time intraday high, later settling near 2% gains
- FY26 loss fell 36.3% and Q4 loss dropped 57% year-on-year
- Revenue grew 62.8% in FY26, while EBITDA margin improved from deeply negative levels
- China rare-earth magnet restrictions and rising battery prices pressured operations and incentives
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This summarization was done by Beige for a story published on 
Inc42