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17-Aug-2024

Adani Green Energy

Net up 39% on higher sales and higher share of profit from associates


'Consolidated net sales (including other operating income) of Adani Green Energy for the quarter ended Jun 2024 has increased 31.13% to Rs 2835 crore with energy sales increase by 22%yoy to 7356 million units.Operating profit margin has declined from 96.25% to 85.36%, leading to 16.29% rise in operating profit to Rs 2,420.00 crore.  Employee cost increased from 0.79% to 1.20%.   Other expenses rose from 2.96% to 13.44%.   Other direct service cost rose from 4.39% to 7.72%.   

Other income rose 26.32% to Rs 288 crore.  PBIDT rose 17.28% to Rs 2708 crore.  Provision for interest rose 3.37% to Rs 1440 crore.  

PBDT rose 38.43% to Rs 1268 crore.  Provision for depreciation rose 31.49% to Rs 593 crore.  

Profit before tax grew 45.16% to Rs 675.00 crore.  Share of profit/loss was 260% higher at Rs 180 crore.  Extraordinary items were increased to Rs -47.00 crore. &...



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