Ather Energy surprised the street with a ₹1.26‑crore net profit in Q2 FY27, reversing a ₹154‑crore loss from the same period last year. Operating revenue leapt 62.9% to ₹1.46 billion while scooter sales surged 42% to 93,211 units – a clear sign that the 450X and 450X Pro are catching eyes.
The earnings boost comes from strategic pricing and a leaner product mix. The 450X’s 25 kW motor and 70 kWh‑hour battery now deliver a 4.9% EBITDA margin, a swing of 1,450 bps from a negative 9.6 % last year. In comparison, Bajaj Chetak sits at ₹1.09 lakh with 85 km range, and Hero Electric at ₹1.15 lakh with 70 km.
Demand has outpaced production: pre‑orders hit 180,000, a 109% jump, and the Hosur plant ran at 98% capacity during peak. To keep the line moving, Ather will add 75,000 units of annual output by December 2026 at Hosur, and roll out the new AURIC plant in Chhatrapati Sambhajinagar from December 2026, eventually reaching 6.5 lakh units by Q2 FY28.
These moves align with the government’s duty‑reduction on imported EV batteries and the FAME‑III scheme, which lower costs for Indian manufacturers and encourage more buyers to switch. Ather’s latest results signal a solid footing, giving customers confidence that future models will be available sooner.
So, keep an eye on the calendar: expanded production will unlock more 450X units across major metros by early 2027, while the AURIC facility will start delivering scooters from December 2026, broadening the choice for electric‑scooter buyers.