IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY24 

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SUMMARY

The EV major has cut the size of its IPO, which will be open for public bidding from April 28 to April 30

Ather’s revenue from operations zoomed 28.32% to INR 1,578.9 Cr in the three quarters of FY25 from INR 1,230.4 Cr in the same period last year

Meanwhile, total expenses rose 11.7% to INR 2,195.3 Cr during the period under review from INR 1,855.5 Cr in the nine months ended December 2023

IPO-bound EV major Ather Energy managed to reduce its net loss for the nine-months ended December 2024 by 25.56% to INR 577.9…



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IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY24 


SUMMARY

The EV major has cut the size of its IPO, which will be open for public bidding from April 28 to April 30

Ather’s revenue from operations zoomed 28.32% to INR 1,578.9 Cr in the three quarters of FY25 from INR 1,230.4 Cr in the same period last year

Meanwhile, total expenses rose 11.7% to INR 2,195.3 Cr during the period under review from INR 1,855.5 Cr in the nine months ended December 2023

IPO-bound EV major Ather Energy managed to reduce its net loss for the nine-months ended December 2024 by 25.56% to INR 577.9…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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