Ather Energy Reports First Quarterly Profit Among Indian Electric Two-Wheeler Makers
Ather Energy reported quarterly profit after tax of Rs.1.26 crore for July to September, citing higher sales, increased average selling prices and cost savings.
NEW DELHI, Oct. 26 -- Ather Energy Ltd became the first electric two-wheeler company in India to report a quarterly profit after a rapid rise in sales, increasing average sales price and better cost savings.Bengaluru-based Ather recorded a profit after tax of Rs.1.26 crore during the July to Septem…