Adani Green Energy Q3 net profit more than doubles to Rs 103 crore
Adani Green Energy’s consolidated net profit more than doubled to Rs 103 crore in the December quarter, mainly on the back of higher revenues.
The consolidated net profit of the company was at Rs 49 crore in the year-ago period, according to a BSE filing on Tuesday.
Total income in the third quarter of the current fiscal rose to Rs 2,258 crore from Rs 1,471 crore in the same period a year ago.
The solar CUF (Capacity Utilisation Factor) and sale of energy improved with the integration of a high-quality SB Energy portfolio having a CUF of 26.0 per cent in the April-December 2022 period, consistent high plant availability, improved grid availability and improved solar irradiation.
