Ather beats Ola in revenue for 1st time

Business Nov 10, 2025

Ather Energy just pulled ahead of Ola Electric in revenue for the first time ever.
From July to September 2025, Ather brought in ₹941 crore—a big 57% jump over last year—while Ola's revenue dropped to ₹756 crore.
Both companies managed to shrink their losses too, with Ather cutting its losses to ₹154 crore and Ola to ₹418 crore.

Ather sold 65,595 scooters this quarter

Ather sold 65,595 scooters this quarter (up 67% from last year), outpacing Ola's 52,666 units.
The company is expanding its retail presence in key states like Gujarat and Maharashtra, with plans to double outlets to 700 this year.
CEO Tarun Mehta said they are focused on growing market share and moving closer to profitability.