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Category :
Company News
Headline :
Adani Energy Solutio Q4 net profit up 32.92% at Rs 74.34 cr
Date:
01/05/2024 09:50
The company reported standalone net profit of Rs 74.34 crore for the quarter ended March 31, 2024 as compared to Rs 55.93 crore in the same period last year, registering a year-on-year growth of 32.92 per cent.
Net revenue of the company rose triple digit by 162.40 per cent at Rs 415.67 crore in January-March quarter of this fiscal as against Rs 158.41 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 129.93 per cent to Rs 408.86 crore from Rs 177.82 crore in year ago period.
Other Income grew by 41.76 per cent at Rs 175.43 crore versus (Mar'23 Rs 123.75 crore).
Operating Profit surged by 135.09 per cent to Rs 6.81 crore as against Rs -19.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.39 per cent in March quarter.
Interest grew by 122.96 per cent y-o-y to Rs 107.80 crore
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