Ather Energy Posts First Quarterly Profit
Indian electric scooter maker Ather Energy reported its maiden net profit for the second quarter on higher sales. The company posted a profit of 15 million rupees, driving its shares up by ten percent.
Xurve View
Insights:
Xurve View
ATHER ENERGY LTD posted a net profit of 15 million rupees ($157,546.48) in India during Monday morning trade, driven by higher sales of its Rizta electric scooter. The milestone marks the company's maiden quarterly profit since inception.
