{"id":551125,"date":"2023-01-31T09:10:47","date_gmt":"2023-01-31T03:40:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551125"},"modified":"2023-01-31T09:34:08","modified_gmt":"2023-01-31T04:04:08","slug":"orient-green-power-dec-quarter-net-profit-rises-55-to-nearly-rs-10-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/orient-green-power-dec-quarter-net-profit-rises-55-to-nearly-rs-10-crore\/","title":{"rendered":"Orient Green Power dec quarter net profit rises 55% to nearly Rs 10 crore"},"content":{"rendered":"<p>Orient Green Power Company Ltd (OGPL) on Monday posted a 55 per cent rise in its consolidated net profit at Rs 9.74 crore in the quarter ended December 2022.<\/p>\n<p>The company&#8217;s consolidated net profit stood at Rs 6.28 crore in the year-ago period, according to a regulatory filing.<\/p>\n<p>However, total income was at Rs 57.33 crore during the October-December quarter, as against Rs 63.30 crore a year ago.<\/p>\n<p>Total expenses were Rs 65.78 crore during the quarter under review as compared to Rs 75.68 crore in the corresponding period of the previous year.<\/p>\n<p>&#8220;Our efforts to reduce the expenses and service the debt on time resulted in improved rating of our SPVs (special purpose vehicles) and reduction in finance costs,&#8221; T Shivaraman, company&#8217;s Managing Director and CEO, said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orient Green Power Company Ltd (OGPL) on Monday posted a 55 per cent rise in its consolidated net profit at Rs 9.74 crore in the quarter ended December 2022. The company&#8217;s consolidated net profit stood at Rs 6.28 crore in the year-ago period, according to a regulatory filing. However, total income was at Rs 57.33 crore during the October-December quarter, as against Rs 63.30 crore a year ago. Total expenses were Rs 65.78 crore during the quarter under review as compared to Rs 75.68 crore in the corresponding period of the previous year. &#8220;Our efforts to reduce the expenses and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-551125","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551125"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551125\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}