Profit

Growth in Number of Profitable DRE Enterprises in FY 2019/20: Report

A new report surveying 63 DRE businesses showed that there was a growth in the number of profitable RE businesses in FY 2019/20. The fourth edition of the ‘State of the Decentralized Renewable Energy Sector in India 2019/20’ report was recently launched by the CLEAN Network, in an attempt to present an overview of the […]

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GE Power India Posts Net Profit of Rs 37.7 Crore in Q2 Results

GE Power India has issued its financial results for Q2, reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. GE Power India has issued its financial results for the second quarter (Q2), reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. The company had registered […]

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Suzlon Posts Financial Results for Q2 FY21, PAT at Rs 670 Crore

The Suzlon Group has announced its second-quarter results for FY21 (Q2 FY21), with the performance considered encouraging in the current scenario. The Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has announced its second-quarter results for the financial year 2020-21 (Q2 FY21). The firm claims its performance has been […]

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Adani Power Posts 126% Growth in EBITDA for Q2 2020

Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […]

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Power Sales Volume up 40%, 20% Rise in Profit in Q4 for IEX

Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. […]

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Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps

Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […]

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Rural Electrification Corporation Posts Q4 Profit Rise of 50%

The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […]

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Iberdrola Posts First Quarter Profit Increase of 15 Percent

The group is moving forward with 4,100 new MW of capacity scheduled for 2019, which will increase annual production by 13%, and another 8,800 MW between 2020 and 2022. Spanish public multinational electric utility company, Iberdrola recently issued its first quarter financial results. Obtaining a net profit of €963.9 million in the first three months, […]

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