Adani Green profit doubles despite lower quarterly revenue

Adani Green posted a more than twofold jump in quarterly profit, supported by efficiency gains despite a modest decline in revenue.

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Adani Green profit doubles despite lower quarterly revenue

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Adani Green profit doubles despite lower quarterly revenue
Adani Green posted a more than twofold jump in quarterly profit, supported by efficiency gains despite a modest decline in revenue.
Adani Green Energy reported a sharp rise in profitability for the second quarter, with net profit increasing 111% year-on-year to ₹583 crore. Revenue for the period declined about 4% to ₹3,249 crore. The earnings performance was supported by operational efficiencies and capacity additions, highlighting margin expansion even as topline growth moderated.
Sentinel