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.

Aether Industries Limited , a specialty chemicals manufacturer, has reported strong financial results for the first quarter, with significant growth in revenue and profitability.

Financial Highlights

• Consolidated revenue rose 35% year-on-year to INR 2,587.00 crore
• EBITDA surged 94% to INR 781.00 crore
• EBITDA margin expanded to 30% from 22% in the previous year
• Profit After Tax (PAT) increased 57% to INR 470.00 crore
• PAT margin improved to 18% from 16% in the same quarter of the previous fiscal year

Business Performance

The company's large-scale manufacturing vertical grew 9% year-on-year and 8% quarter-on-quarter, demonstrating robust demand for its products. Aether Industries added six new clients during the quarter, further expanding its customer base.

The business model contribution for the quarter was as follows:

Export revenue accounted for 33% of total revenues, while domestic sales stood at 66%.

Strategic Developments

Aether Industries executed a 10-year exclusive manufacturing agreement with Milliken Chemical & Textile India for a new product. The company will be dedicating its Site 3+ facility for this contract, with production expected to commence by Q4.

Expansion Plans

The development of Site 5 in Panoli is progressing as scheduled, with the first two production blocks expected to be operational by the end of Q3. The company plans to launch its own large-scale manufacturing products in the first production block, targeting the pharmaceutical, agrochemical, and material science sectors.

Sector-wise Contribution

Financial Outlook

• Planned capex of INR 350.00 crore
• Expected insurance claim settlement of INR 50.00-60.00 crore by Q2
• Working capital cycle improved to 190 days from 195 days

R&D Expansion

Aether Industries is investing INR 30.00-40.00 crore to expand its R&D facilities, increasing the number of labs from 8 to 23 and fume hoods from 65 to 195.

Dr. Aman Desai, Promoter and Whole-Time Director, commented on the global opportunities, stating, "This is proving to be a golden age for Indian chemical companies. Aether is well-poised to take maximum advantage of the opportunities that exist today in the global specialty chemical industry."

The company's strong performance and strategic initiatives position it well for continued growth in the specialty chemicals sector.