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Adani Green Energy Ltd Q2FY24; 149% rise in Profits

Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities.

Financial Results:

Adani Green Energy Ltd reported Revenues for Q2FY24 of ₹2,220.00 Crores up from ₹1,584.00 Crore year on year, a rise of 40.15%.

Total Expenses for Q2FY24 of ₹2,160.00 Crores up from ₹1,514.00 Crores year on year, a rise of 42.67%.

Consolidated Net Profit of ₹371.00 Crores up 148.99% from ₹149.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.35, up 150.00% from ₹0.94 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Energy
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