How has been the historical performance of the Ather Energy?

Answer:Ather Energy has shown a mixed historical performance over the past two fiscal years, with notable improvements in certain areas.

Breakdown:
In the fiscal year ending March 2025, Ather Energy reported net sales of Rs 2,255.00 crore, an increase from Rs 1,753.80 crore in March 2024. Total operating income followed the same trend, reaching Rs 2,255.00 crore in March 2025 compared to Rs 1,753.80 crore the previous year. However, total expenditure also rose significantly to Rs 2,835.90 crore from Rs 2,438.50 crore, leading to an operating profit (PBDIT) of -Rs 530.70 crore, an improvement from -Rs 649.40 crore in March 2024. The company’s profit before tax improved to -Rs 812.30 crore from -Rs 1,059.70 crore, indicating a reduction in losses. The earnings per share (EPS) also showed a positive trend, moving to -Rs 27.91 from -Rs 105970.0. Despite these improvements, the company still faced negative profit margins, with a PAT margin of -36.02% in March 2025 compared to -60.42% in March 2024. Cash flow from operating activities remained negative at -Rs 267.00 crore, but the net cash inflow increased to Rs 423.00 crore, up from Rs 311.00 crore in the previous year. Overall, while Ather Energy continues to operate at a loss, there are signs of operational improvement and better cash management.