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Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X

Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24

Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […]

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IEX Reports 8% Rise In Net Profit In Q1 On YoY

The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis.  The unaudited […]

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Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY

Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […]

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JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1

JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT).   As per the details shared by the firm […]

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ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis

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 […]

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JSW Energy Reports 32% Surge In Renewable Generation in Q4

JSW Energy Limited yesterday announced its Q4 Financial Results. The Indian private power producer said that its net renewable generation increased 32 percent on Year-on-Year (YoY) basis. In addition, it said that the commissioning of 225 Megawatts (MW) of the Vijayanagar solar power plant helped increase its clean energy generation.  The firm said earnings before […]

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