EV Charging Firm Magenta Mobility Triples Revenue In Fy23 Updated On Wed, Feb 14th, 2024 by Saurenergy Electric mobility and EV charging focused platform Magenta Mobility recorded an approximate threefold rise in scale to Rs 18.7 crore in the fiscal year ending March 2023. The same year, operations contributed over 63% of the total revenue. It generated a revenue of Rs 6.3 crore the preceding fiscal year with close to Rs 6 crore coming […] Read more
Suzlon Q3 Results: Net Profits, EBITDA See A Hike On YoY Basis Updated On Wed, Jan 31st, 2024 by Saurenergy Indian Wind Turbine manufacturer Suzlon announced its financial results for Q3 for FY24. The Pune-based firm reported a 160 percent rise in its net profit in Q3 on a Year-on-Year (YoY) basis. In its filing before the Bombay Stock Exchange (BSE), the publicly listed company reported that its net Profit After Tax (PAT) reached Rs […] Read more
ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis Updated On Wed, Jun 7th, 2023 by Saurenergy Renewable energy company Renew announced its Q4 and FY23 results today, indicating its growth in renewable capacities and total incomes. A release from the cleantech company said by the end of March 31 this year, the company’s portfolio stood at 13.7 Gigawatt (GW). It reported a total of 28.2 percent increase year-on-year (YoY). It claimed […] Read more
Tata Motors Confident Of Availing PLI Aid For Its EV Models Updated On Mon, Jun 5th, 2023 by Saurenergy Indian automotive giant Tata Motors seems confident to avail the benefits under the Production Linked Incentives (PLI) of the Indian government for all of its Electric Vehicle (EV) models. The firm’s top management expressed optimism on the issue with the specific changes in the scheme’s parameters and the auto firm’s preparedness. The issue was recently […] Read more
Powergrid Reports 4% Growth In Profit After Tax in Q4 Updated On Tue, May 23rd, 2023 by Saurenergy India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis. It also said that on a consolidated basis, its income during Q4 also […] Read more
NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23 Updated On Fri, May 19th, 2023 by Saurenergy The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent. The audited results of […] Read more
ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19% Updated On Mon, Feb 20th, 2023 by Saurenergy ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […] Read more
CERC Proposes Generic Tariffs For Hydro, Biomass Projects In FY23 Updated On Wed, Aug 17th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has proposed tariffs ranging between ₹4.76–5.84 per kilowatt hour (kWh) for several small-scale hydro projects across the Indian states for FY23. For hydro projects under 5 megawatts (MW) in the states of Himachal Pradesh, Uttarakhand, West Bengal, and North Eastern States, and Jammu and Kashmir and Ladakh, CERC has […] Read more
