Adani Green Energy Ltd on Tuesday reported a 25% rise in second-quarter profit, driven by higher energy sales and improved operating efficiency, even as revenue remained largely steady.
Consolidated net profit rose to ₹644 crore for the quarter ended Sept 30, from ₹515 crore a year earlier, the company said in an exchange filing. Revenue from operations was flat at ₹3,008 crore, compared with ₹3,005 crore a year ago.
EBITDA climbed 17.4% to ₹2,603 crore, while margins widened to 86.5% from 73.8% a year earlier, supported by stronger output from hybrid, wind and solar projects.
Energy sales jumped 39% year-on-year to 19,569 million units, driven by higher generation from the company’s renewable assets. Operational capacity expanded 49% to 16.7 GW, keeping the company on track to meet it

CNBC-TV18

Business Today
StratNewsGlobal
Raw Story
MSNBC
OK Magazine
Newsweek Top
Fashion Network business
Gizmodo
WILX News 10