India's Ather Energy posts maiden quarterly profit on higher sales
India's Ather Energy posts maiden quarterly profit on higher sales Oct 26 (Reuters) - 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)
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