Ather Energy Reports Quarterly Net Profit as Revenue Rises 63%
Ather Energy reported quarterly net profit and operating revenue of Rs.1,464 crore, up 63% year on year. Its shares rose as much as 22% in two days, nearing the Rs.1,744 all-time high recorded on 1 September.
New Delhi, Oct. 27 -- Ather Energy Ltd has finally eked out a quarterly net profit. Investors are euphoric, taking the stock up as much as 22% in two days, moving closer to its all-time high of Rs.1,744 hit on 1 September.Operating revenue grew 63% year-on-year to Rs.1,464 crore during the Septembe…