AGEL Q1 standalone profit at ₹5.5 cr
Adani Green Energy Ltd (AGEL) on Wednesday posted standalone net profit at ₹5.52 crore for the quarter ended June 2019, recovered from the net loss of ₹10.5 crore the company reported in the corresponding quarter a year ago.
Revenues from operations stood at ₹111 crore for the quarter under review up from ₹36 crore in the same quarter last year.
On a consolidated basis, AGEL reported net loss of ₹97.44 crore for the quarter, more than the net loss of ₹74.26 crore reported in the comparable quarter last year. Revenues from the operations for the quarter stood at ₹660.8 crore, up from ₹472.1 crore in the same quarter last year.
