Bengaluru: Adani Green Energy on Monday reported a more than two-fold growth in second-quarter profit, helped by strong power sales to customers.
The country’s power demand is growing rapidly, with strong economic growth boosting demand from factories and households.
Adani Green’s energy sales rose 87 per cent in the quarter, mainly driven by solar-wind hybrid category, the green energy arm of Adani Group said.
Consolidated profit rose to 3.71 billion rupees ($44.6 million) for the quarter ended Sept. 30, from 1.49 billion a year ago.
