Ather Energy Shares Rise 20% in Two Days After Q2 Profit
Ather Energy shares surged 5% on Tuesday, extending a two-day rally to 20% after the company reported its first quarterly net profit of ₹1.26 crore in Q2 FY27, reversing a ₹154 crore loss last year. Revenue grew 63% YoY to ₹1,464 crore, and EBITDA turned positive at ₹11.3 crore. CEO Tarun Mehta highlighted ongoing efforts to boost top-line growth and operating leverage.
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