Adani Green Energy on Friday posted a consolidated net profit of Rs 21.75 crore for June quarter mainly on the back of higher revenues.
The company had a net loss of Rs 97.44 crore in April-June 2019-20, a BSE filing said.
Total income rose to Rs 878.14 crore in April-June 2020-21 from Rs 675.23 crore in the same period last year.
The net export (of electricity) increased to 1,382 million units in the first quarter, up 24 per cent from the year-ago period.
The firm is in the business of renewable energy.
“The Group (firm) has serviced all the debts obligations during the quarter without opting for moratorium as directed by Reserve Bank of India for interest and principal instalments falling due to banks and other financial institutions / lenders,” the filing said.
