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Adani Green Energy reports over 2- fold jump in Q2 consolidated net profit

30 Oct 2023 Evaluate

Adani Green Energy has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported net loss at Rs 259 crore for Q2FY24 as compared to net loss of Rs 93 crore for the same quarter in the previous year. Total income of the company decreased by 32.48% at Rs 2,054 crore for Q2FY24 as compared Rs 3,042 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 371 crore for the quarter under review as compared to Rs 149 crore for the same quarter in the previous year. Total income of the company increased by 53.74% at Rs 2589 crore for Q2FY24 as compared Rs 1684 crore for the corresponding quarter previous year.

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Company Name CMP
NTPC 328.70
Tata Power 362.40
Adani Power 203.75
Power Grid Corpn. 265.00
Adani Energy Solut. 1360.70
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