Ather Energy Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	36,718	22,550	17,538	17,836	4,085
Other Revenue	1,513	-	-	-	-
Revenue	38,231	22,550	17,538	17,836	4,085
Revenue Growth (YoY)	69.54%	28.58%	-1.67%	336.62%	411.90%
Cost of Revenue	28,976	18,768	16,318	16,261	3,916
Gross Profit	9,255	3,782	1,220	1,575	169
Selling, General & Admin	4,816	5,723	4,718	5,401	1,607
Other Operating Expenses	7,009	3,829	3,271	3,177	1,133
Operating Expenses	13,554	11,262	9,515	9,706	3,224
Operating Income	-4,299	-7,480	-8,295	-8,131	-3,055
Interest Expense	-822	-1,072	-867	-554	-387
Interest & Investment Income	-	190	196	82	22
Currency Exchange Gain (Loss)	-	-26	-7	-23	-20
Other Non Operating Income (Expenses)	-	57	16	-38	-3
EBT Excluding Unusual Items	-5,121	-8,331	-8,957	-8,664	-3,443
Gain (Loss) on Sale of Investments	-	218	115	120	20
Gain (Loss) on Sale of Assets	-	-	1	-	-
Asset Writedown	-	-13	-12	-101	-18
Other Unusual Items	-50.4	3	-1,744	-	-
Pretax Income	-5,172	-8,123	-10,597	-8,645	-3,441
Net Income	-5,172	-8,123	-10,597	-8,645	-3,441
Net Income to Common	-5,172	-8,123	-10,597	-8,645	-3,441
Shares Outstanding (Basic)	370	252	224	176	126
Shares Outstanding (Diluted)	370	252	224	176	126
Shares Change (YoY)	46.74%	12.49%	27.56%	39.86%	15.32%
EPS (Basic)	-13.99	-32.24	-47.32	-49.24	-27.41
EPS (Diluted)	-13.99	-32.24	-47.32	-49.24	-27.41
Free Cash Flow	-4,742	-10,597	-3,835	-10,014	-2,974
Free Cash Flow Per Share	-12.83	-42.06	-17.12	-57.04	-23.69
Gross Margin	24.21%	16.77%	6.96%	8.83%	4.14%
Operating Margin	-11.25%	-33.17%	-47.30%	-45.59%	-74.79%
Profit Margin	-13.53%	-36.02%	-60.42%	-48.47%	-84.23%
Free Cash Flow Margin	-12.40%	-46.99%	-21.87%	-56.15%	-72.80%
EBITDA	-2,570	-7,038	-7,922	-7,867	-2,868
EBITDA Margin	-6.72%	-31.21%	-45.17%	-44.11%	-70.21%
D&A For EBITDA	1,729	442	373	264	187
EBIT	-4,299	-7,480	-8,295	-8,131	-3,055
EBIT Margin	-11.25%	-33.17%	-47.30%	-45.59%	-74.79%
Revenue as Reported	38,231	23,052	17,891	18,061	4,139

Source: S&P Global Market Intelligence. Standard template. Financial Sources.