{"id":554324,"date":"2023-02-09T12:49:44","date_gmt":"2023-02-09T07:19:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=554324"},"modified":"2023-02-09T12:49:44","modified_gmt":"2023-02-09T07:19:44","slug":"adani-green-energy-q3-results-net-profit-more-than-doubles-to-rs-103-crore-in-oct-dec-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-energy-q3-results-net-profit-more-than-doubles-to-rs-103-crore-in-oct-dec-quarter\/","title":{"rendered":"Adani Green Energy Q3 results: Net profit more than doubles to Rs 103 crore in Oct-Dec quarter"},"content":{"rendered":"<p>Adani Green Energy Ltd on Tuesday reported its fiscal third-quarter consolidated net profit jumped 110% on-year to Rs 103 crore, on a total income jump of 53.5% on-year to Rs 2,258 crore. Earlier today, Adani Green Energy stock was trading volatile, swinging between gains and losses ahead of the results announcement. Its shares closed 5% down at Rs 843.20.<\/p>\n<p>Total expenses rose 44% to Rs 2067 crore in the December 22 quarter from Rs 1,430 in the same period previous year. The company\u2019s revenue from power supply increased by 39% on-year to Rs 3,695 crore. The realized 3.8 million carbon credits generating revenue came in at Rs 153 crore. Cash profit increased by 41% on-year to Rs 1,827 crore. Run-rate EBITDA stood at Rs 7,380 crore with net debt to run-rate EBITDA of 5.6x as of Dec 2022. The growth in revenues, EBITDA and Cash Profit is primarily driven by greenfield commissioning of 1,915 MW.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Green Energy Ltd on Tuesday reported its fiscal third-quarter consolidated net profit jumped 110% on-year to Rs 103 crore, on a total income jump of 53.5% on-year to Rs 2,258 crore. Earlier today, Adani Green Energy stock was trading volatile, swinging between gains and losses ahead of the results announcement. Its shares closed 5% down at Rs 843.20. Total expenses rose 44% to Rs 2067 crore in the December 22 quarter from Rs 1,430 in the same period previous year. The company\u2019s revenue from power supply increased by 39% on-year to Rs 3,695 crore. The realized 3.8 million carbon [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-554324","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554324","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=554324"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554324\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=554324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=554324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=554324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}