Aether Industries Limited has reported robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

• Revenue: The company's consolidated revenue from operations surged to ₹2,751.00 crore in Q2 FY26, marking a substantial 38% year-over-year increase from ₹1,988.00 crore in Q2 FY25.
• EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw an impressive growth of 70% year-over-year, reaching ₹880.00 crore compared to ₹548.00 crore in the same quarter last year.
• EBITDA Margin: The EBITDA margin expanded to 32.00% from 27.90% in the corresponding quarter, indicating improved operational efficiency.
• Net Profit: Consolidated net profit grew by 55% year-over-year to ₹539.57 crore, up from ₹347.99 crore in Q2 FY25.

Business Segment Performance

Aether Industries' growth was driven by strong performances across its business segments:

Operational Highlights

• The company executed a Contract Manufacturing (CEM) agreement with Milliken & Co., with a strategic product launch expected in Q4 FY26.
• Aether Industries is on track with its Site 3++ expansion, with equipment installation underway and all approvals secured.
• The company's Site 5 expansion is progressing, with phase one commissioning of two production blocks expected by the end of Q4 FY26.
• Aether successfully completed 26 customer and certification audits in H1 FY26, demonstrating its commitment to operational excellence.
• The company onboarded 10 new customers across all business models during H1 FY26.

Management Commentary

Ashwin Desai, Managing Director of Aether Industries Limited, commented on the results, stating, "Our Q2 FY26 performance reflects the strength of our business strategy and operational capabilities. The significant growth in our Contract Manufacturing segment and the steady performance of our Large Scale Manufacturing business have been key drivers of our success this quarter. We are particularly pleased with the expansion of our EBITDA margin, which demonstrates our ability to improve profitability while scaling our operations."

Future Outlook

With ongoing expansion projects and strategic agreements in place, Aether Industries is well-positioned for continued growth. The company's focus on diversifying its customer base and expanding its manufacturing capabilities is expected to drive further improvements in financial performance in the coming quarters.

Ather Energy Limited , a prominent player in the electric vehicle (EV) sector, has announced a series of groundbreaking product and technology updates at its Ather Community Day 2025 event. The company's latest innovations aim to solidify its position in the competitive electric two-wheeler market.

Next-Generation Electric Scooter Platform

At the forefront of Ather's announcements is the unveiling of a next-generation electric scooter platform. This new platform is expected to set the foundation for future models, potentially offering improved performance, efficiency, and design capabilities.

AtherStack 7.0: Voice Interaction Capabilities

Ather has introduced AtherStack 7.0, the latest version of its operating system. The standout feature of this update is the integration of voice interaction capabilities, which could significantly enhance the user experience and safety by allowing hands-free control of various scooter functions.

Advanced Charging Solutions

In a move to address one of the key concerns in EV adoption, Ather has launched next-generation fast chargers. These new chargers are likely to reduce charging times and improve the overall convenience for Ather scooter owners.

Infinite Cruise Feature

The company also unveiled an 'infinite cruise' feature, though specific details were not provided. This feature could potentially relate to improved range or ride comfort for long-distance travel.

Rizta Scooter Upgrades

Ather's Rizta scooter line has received significant upgrades:

• Touchscreen Dashboard: A new touchscreen dashboard has been added, likely improving the interface and accessibility of the scooter's smart features.
• New Riding Mode: The introduction of a new riding mode suggests enhanced customization options for riders, possibly optimizing performance or energy efficiency.

These updates demonstrate Ather Energy's commitment to innovation and customer experience in the rapidly evolving electric two-wheeler market. By focusing on both hardware and software improvements, Ather aims to maintain its competitive edge and meet the growing demands of eco-conscious consumers.