Ather Energy shares skyrocket 19% after EV maker swings to Rs 1.26 crore profit in Q2
Ather Energy set out an expansion in a quarterly results development for Q2 FY27.
· Economic Times Markets, ET Stocks
Ather Energy shares surged nearly 19% after the electric two-wheeler maker reported a net profit of Rs 1.26 crore in Q2 FY27, reversing a loss of Rs 154 crore a year earlier. Revenue rose 62.8% year-on-year to Rs 1,464 crore, while the company also approved Rs 122 crore in capacity expansion.
Key facts
- Period
- Q2 FY27
The analysis
Ather Energy reported Rs 1.26 crore, Rs 154 crore and Rs 1,464 crore for Q2 FY27, with movement of 19% and 62.8% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +14.1% on the day at ₹1,575.00, and has returned +30.3% over three months. It sits 9% below its 52-week high. The auto sector has moved -6.4% over the same period, so Ather Energy is running 36.7 points ahead of its peers.
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement. On the day the stock is +14.1%, so the tape moved decisively on this.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
- Capex decisions are a bet on future demand; the market rewards or punishes them on whether the returns look credible.
Market context
- In focus: Ather Energy (ATHERENERG), in Auto.
- Over three months: Ather Energy +30.3% against Auto -6.4% (36.7 points ahead).
- Trading well above normal today: Ather Energy at 2.8 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Ather EnergyATHERENERG · Auto | ₹1,575.00 | +14.1% | +5.2% | +30.3% | -8.7% | 2.8× | — |
Auto
1M -9.4% · 3M -6.4%
Ather Energy
Prices as of 26 Oct 2026, 16:52 IST. Sector moves are the average of the stocks we track in each sector.
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