May 03, 2024 03:11 PM IST
Adani Green Q4 results: EBITDA witnessed a notable decrease of 18% to ₹1,851 crore from ₹2,264 crore in the corresponding period last year.
Adani Green Q4 results: Adani Green reported decline in net profit by 70% to ₹150 crore compared to ₹508 crore in the same period last year. In the same period, revenue experienced a marginal decline of 2%, amounting to ₹2,527 crore compared to ₹2,587 crore year-on-year, the company said.
Read more: MRF Q4 results: Net profit drops 7.6% YoY to ₹379.6 crore; dividend declared
EBITDA witnessed a notable decrease of 18% to ₹1,851 crore from ₹2,264 crore in the corresponding period last year while the company also saw a reduction in its margin- standing at 73.2% compared to 87.5% in the previous year.
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Adani Green Q4 results: Main points
- Sales decline 3.29% to ₹2498.00 crore Read more: Ajanta Pharma share price soars over 13.5% to new all-time high
- Net profit of Adani Green Energy declined 70.47% to ₹150.00 crore in the quarter ended March 2024 as against ₹508.00 crore during the previous quarter ended March 2023
- Sales declined 3.29% to ₹2498.00 crore in the quarter ended March 2024 as against ₹2583.00 crore during the previous quarter ended March 2023. Read more: Nifty drops nearly 1%, India VIX jumps 12%: Why is Indian stock market volatile today
- For the full year, net profit rose 12.94% to ₹1100.00 crore in the year ended March 2024 as against ₹974.00 crore during the previous year ended March 2023
- Sales rose 19.63% to ₹9063.00 crore in the year ended March 2024 as against ₹7576.00 crore during the previous year ended March 2023.
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