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ATHERENERG — Ather Energy News Story

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India's Ather Energy posts maiden quarterly profit on higher sales

India's Ather Energy posts maiden quarterly profit on higher sales

- Indian electric scooter maker Ather Energy ATHR.NS reported its maiden profit in the second-quarter on Monday, sending shares up 10%.

The Rizta electric scooter maker reported a net profit of 15 million rupees ($157,546.48) for the quarter ended September 30, compared with a loss of 1.54 billion rupees a year earlier.



($1 = 95.2100 Indian rupees)


(Reporting by Puyaan Singh in Bengaluru; Editing by Ronojoy Mazumdar)

((Puyaan.Singh@thomsonreuters.com;))

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