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Electric two-wheeler manufacturer Ather Energy on Thursday said it almost doubled the number of its Experience Centres (ECs) to over 700 across India in the just-concluded financial year. This rapid expansion has played a key role in driving Ather's growth across markets, improving accessibility and enabling the company to scale across both existing and new markets, the company said. Ather said it has added over 350 new Experience Centres, effectively doubling its retail network from 351 centres in India as of March 31, 2025. Over the past year, the company said, its expanded retail footprint has helped the company reach a much wider set of customers, contributing to its national market share rising to 18.7 per cent in March 2026, according to Vahan data. "The last year has been about scaling our retail footprint as a key lever for growth. While we've increased our Experience Centre count across all geographies, the expansion in Middle India and to some degree in Rest of India has
Morgan Stanley, Goldman Sachs, Societe Generale, and Abu Dhabi Investment Authority, among others, on Wednesday collectively bought a 1.92 per cent stake in Ather Energy from the National Investment And Infrastructure Fund for nearly Rs 521 crore through open market transactions. ICICI Prudential Mutual Fund (MF), Tata MF, Invesco MF, Motilal Oswal MF, Aditya Birla Sun Life MF, WhiteOak Capital MF and Tata AIG Life Insurance Company Ltd also bought shares of electric two-wheeler maker Ather Energy, as per the block deal data available on the BSE and NSE. These entities purchased a total of 73,33,219 shares on NSE and BSE, representing a combined 1.92 per cent stake in Bengaluru-based Ather Energy. The shares were acquired at an average price of Rs 710 apiece, taking the combined deal value to Rs 520.66 crore. Meanwhile, the National Investment And Infrastructure Fund (NIIF) through its affiliate National Investment and Infrastructure Fund-II offloaded the same number of shares at t
Electric two-wheeler maker Ather Energy on Monday reported narrowing of the net loss to Rs 85 crore for the third quarter ended December 31, 2025. The company reported a net loss of Rs 198 crore in the October-December quarter of the previous fiscal. Total income increased to Rs 996 crore for the third quarter as against Rs 650 crore in the year-ago period, Ather Energy said in a regulatory filing. The company said it recorded its highest-ever quarterly volumes of 67,851 units, delivering 50 per cent year-on-year growth, it added. Ather said its losses continued to shrink, with EBITDA loss down to Rs 29.9 crore, and the quarterly loss narrowing by 45 per cent as compared to Q2 FY26, underscoring steady progress toward profitable, sustainable growth.. This improvement was driven by structural levers built over the past year, now translating into strong operating leverage and positioning the business to navigate near-term margin volatility, it added.. "Q3 has been a strong quarter