Adani Green Energy Ltd (AGEL on Monday reported a 148.5 per cent jump in its net profit for the quarter that ended on December 31, 2023, at Rs 256 crore as compared to Rs 103 crore in the same quarter in 2022. Sequentially, the net profit was down 30.9 per cent from Rs 371 crore in the previous quarter.
The company’s revenue from operations rose 17 per cent to Rs 2,311 crore in the quarter as compared to Rs 1,971 crore in the same quarter in 2022. Adani Green’s EBITDA rose 95 per cent to Rs 1,667 crore. Its EBITDA margins stood at 72 per cent during the quarter.
