Adani Green swings to Rs 190 crore profit in first quarter of FY22

Adani Green Energy (AGEL), the renewable energy arm of the Adani Group, posted a profit of Rs 190 crore in Q1FY22 on a consolidated basis, against a loss of Rs 4 crore recorded by the firm in the corresponding quarter in FY21.

The profits jumped mainly due to higher power sales from the company’s rising renewable energy base.

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