31% increase in Net Profit of Adani Green Energy, tremendous boom in income also

0


Photo: Gautam Adani Company shares closed with great lead today

Adani green energy Q1fy26: Adani Group’s Renewable Energy Company- Adani Green Energy Limited has released the results of the first quarter of the current financial year 2025-26. Adani Green Energy Limited (AGEL) has recorded a tremendous increase in the net profit. The company said in the exchange filing that their net profit increased by 31 per cent to Rs 824 crore in the first quarter of the current financial year. AGEL earned a net profit of Rs 629 crore in the same quarter of the last financial year. The company said in a statement released on Monday that its total income in the April-June quarter also increased to Rs 4002 crore, while it was Rs 3112 crore in the same period last year.

Company’s expenses increased in the first quarter of the current financial year

Adani Green Energy said that the company’s expenditure in the first quarter increased to Rs 3050 crore, while it was Rs 2437 crore in the same quarter of last year. AGEL has recorded strong revenue, abita (income before interest, tax, depreciation and refinement) and cash gains in the last quarter. Adani Green Energy CEO Ashish Khanna said, “In the last quarter, we have added a new renewable energy capacity of 1.6 GW. Intening widespread renewable energy development in Khavda and other places in Gujarat is getting better operating performance and best Ebit Margin in the industry. ”The company’s power sales increased by 42 percent to 1047.9 million units in the June quarter.

Company shares closed with great lead today

Despite a steep fall in the stock market on Monday, the company’s shares closed with great speed on the basis of tremendous results. Today, Adani Green Energy shares on BSE closed at Rs 1004.55 with a gain of Rs 28.60 (2.93%). Today, during the business, the company’s shares reached Intrade High of Rs 1013.65 to Intrade Low of Rs 979.35. The company’s shares on BSE are 52 weeks high 2091.85 and 52 weeks are Rs 758.00. According to BSE data, the current market cap of Adani Green Energy Limited is Rs 1,59,123.98 crore.

Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.

Latest business news



Leave A Reply

Your email address will not be published.