Adani Green Q1 results : Adani Green, a renewable energy company of Gautam Adani-led Adani Group, has released the results for the first quarter of the financial year 2024-25. The company’s net profit grew 95 per cent to Rs 629 crore in the April-June quarter. The company’s consolidated net profit stood at Rs 323 crore in the same quarter a year ago. At the same time, the company’s revenue stood at Rs 2,528 crore in the first quarter.
Total income was Rs 3,122 crore
Adani Green’s total income rose to Rs 3,122 crore in the first quarter. It was Rs 2,550 crore in the same period a year ago. The company said in a press release that this jump in revenue, EBITDA and cash profit is due to the addition of 2,618 MW of capacity last year.
Operational capacity increased to 10,934 MW
The company’s operational capacity in the first quarter grew 31 per cent year-on-year to 10,934 MW. This includes 2,000 MW greenfield addition at Khavda Renewable Project, 418 MW solar capacity in Rajasthan and 200 MW wind capacity in Gujarat. The company’s earnings per share rose to Rs 1.85 in the first quarter. Adani Green Energy said, “The total operational capacity at Khavda now stands at 2.25 GW and the total operational portfolio at 11.2 GW.”
The stock closed with a gain
Adani Green’s stock closed with a gain in the stock market today on Thursday. The company’s stock closed at Rs 1820.70 on the Bombay Stock Exchange with a gain of 6.10 percent or Rs 104.70. The 52 week high of this stock is Rs 2173.65. At the same time, the 52 week low is Rs 816. The company’s market cap closed at Rs 2,88,404.79 crore on BSE today.
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