Ather Energy, Tata Teleservices: These 2 NIFTY500 firms narrowed losses in Q1 FY27

Ather Energy and Tata Teleservices (Maharashtra) are the two companies in the NIFTY500 index that narrowed their losses in the April–June quarter, according to data from Ace Equity.

The net sales showed a strong performance as its revenue from operations jumped 89% to ₹1,217 crore from ₹645 crore in the corresponding period last year.

Revenue from software subscriptions, charging, accessories, spares, and service increased to 14% of revenue from operations, up from 13% in the previous financial year, Ather Energy said in a press release.

Ather Energy’s operating loss dropped drastically from ₹134 crore to ₹33 crore.

Ather Energy said that customer enquiries increased 95% year-on-year (YoY) to 7,07,000, while pre-orders grew 158% YoY to 1,50,000, reflecting sustained customer demand that continued to outpace available production during the quarter.

Strong earnings posted by Ather Energy prompted positive reports from global investment firms.

CLSA, in a note, said that volumes jumped 81% year-on-year (YoY) in 1QFY27, ahead of the electric two-wheeler industry’s 68% YoY growth, while EBITDA margin improved 319 basis points (bps) sequentially to -2.7% despite commodity headwinds.

With bookings tracking 50,000 units per month against capacity of 35,000 units per month, Ather is capacity-constrained rather than demand-constrained, and upcoming Factory 3.0 should remove this bottleneck from the third quarter, while recent price hikes and cost reduction measures should aid margins going forward, CLSA added.

HSBC said that management is confident of strong volume growth and market share recovery once new capacity becomes operational.

Nomura said that the EL launch and new plant will be the next catalysts for Ather Energy.

Tata Teleservices

Tata Teleservices Maharashtra’s net loss narrowed to ₹72 crore in Q1 from ₹325 crore in the year-ago period.

Its revenue from operations advanced 6% to ₹302 crore from ₹284 crore.

Tata Teleservices, in a note, said that accumulated losses of the company as of June 30, 2026, have exceeded its paid-up capital and reserves. The company has incurred net loss for the quarter ended June 30, 2026, and the Company’s current liabilities exceeded its current assets as at that date.

In a separate development, the company said Kushalraj Sonigda, company secretary of Tata Teleservices, was appointed as the Senior Management Personnel of the company with effect from July 22.