EV firm Ather Energy’s losses swell 2.5 times to reach Rs 865 cr in FY23
New Delhi: Hero MotoCorp-backed electric vehicle (EV) company Ather Energy’s losses surged more than 2.5 times in the financial year 2022-23.
The EV startup reported a loss of Rs 864.5 crore in FY23, against a loss of Rs 344.1 crore in FY22, according to its annual financial statements filed with the Registrar of Companies (RoC).
