Electric vehicle maker Ather Energy’s revenue for the year ended March jumped over five times to Rs 408 crore from Rs 79 crore in FY21, but its losses increased 47% on year at Rs 344 crore.
Ather sold 23,408 units of electric scooters in FY22, a 4.2 times jump from 5,523 units sold in FY 21, according to the company’s financials sourced through business intelligence platform Tofler.
