Ather’s Stellar Q1, Klassroom IPO Day 2 & More

Ather Turns A Corner Amid concerns of sliding EV two wheeler sales in India, Ather managed to sharply shrink its losses in Q1 FY27, and more importantly, turn EBITDA positive. Bolstered by its fresh ₹2,500 Cr rights issue and fundraise, Ather is now preparing to scale its expansion plans and inch closer to real profitability. Here is a quick look at Ather’s Q1 FY27 numbers: Net loss narrowed 71% YoY to ₹51.1 Cr Operating revenue zoomed 89% YoY to ₹1,216.9 Cr Total expenses soared 54% YoY to ₹1,3