Ather Energy posted a sharply narrower quarterly loss as revenue nearly doubled, supported by strong growth in its electric two-wheeler business. The company also said it has strengthened its balance sheet and continues to expand its connected technology ecosystem, a combination that matters because electric two-wheeler makers are still balancing rapid scale-up with the costs of manufacturing, product development and network expansion. Continued progress on losses and revenue is one indicator investors and industry watchers typically track as the sector looks for signs of operating leverage, while the focus on connected technology suggests Ather is still using software and vehicle features as part of its broader product strategy.