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India's Ather Energy posts narrower quarterly loss

India's Ather Energy posts narrower quarterly loss

- Indian electric scooter maker Ather Energy ATHR.NS posted a narrower quarterly loss on Monday, as strong sales helped offset the impact of higher expenses.

It reported a net loss of 508.7 million rupees ($5.34 million) for the quarter ended June 30, compared with a loss of 1.78 billion rupees a year earlier.

($1 = 95.3375 Indian rupees)


(Reporting by Urvi Dugar in Bengaluru; Editing by Rashmi Aich)

((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))

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