India’s Ather Energy reported a narrower first-quarter loss on Monday, helped by higher demand for its e-scooters, particularly the best-selling “Rizta”.
The company, founded in 2013, said its loss narrowed to 1.78 billion rupees ($20.31 million) for the quarter ended June 30 from 1.83 billion rupees a year ago.
($1 = 87.6320 Indian rupees)