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Adani Green Energy reports 51% rise in Q1 consolidated net profit

31 Jul 2023 Evaluate

Adani Green Energy has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported net loss of Rs 205 crore for the quarter under review as compared to net profit of Rs 132 crore for the same quarter in the previous year. Total income of the company decreased by 67.32% at Rs 833 crore for Q1FY24 as compared Rs 2,549 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 50.93% rise in net profit at Rs 323 crore for the first quarter ended June 30, 2023 as compared to Rs 214 crore for the same quarter in the previous year. Total income of the company increased by 41.33% at Rs 2,404 crore for Q1FY24 as compared Rs 1,701 crore for the corresponding quarter previous year.

Adani Green Energy Share Price

1151.75 24.95 (2.21%)
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