Ather Energy Reports First Quarterly Profit; Shares Rise 10%
The Indian electric scooter maker reported second-quarter net profit of 15 million rupees, compared with a loss of 1.54 billion rupees a year earlier. Shares rose 10%.
Indian electric scooter maker Ather Energy NSE:ATHERENERG reported its first quarterly profit on Monday, sending its shares up 10%.The Rizta scooter maker posted second-quarter net profit of 15 million rupees ($157,546.48), compared with a loss of 1.54 billion rupees a year earlier.Here are some de…