IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY24 

The EV major has cut the size of its IPO, which will be open for public bidding from April 28 to April 30

Ather’s revenue from operations zoomed 28.32% to INR 1,578.9 Cr in the three quarters of FY25 from INR 1,230.4 Cr in the same period last year

Meanwhile, total expenses rose 11.7% to INR 2,195.3 Cr during the period under review from INR 1,855.5 Cr in the nine months ended December 2023

IPO-bound EV major Ather Energy managed to reduce its net loss for the nine-months ended December 2024 by 25.56% to INR 577.9…