Adani Green Energy Gains After Net Profit Rises 86% In March Quarter

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Shares of Adani Green Energy have been final buying and selling 2.15 per cent larger at Rs 1,088.80 on the BSE.

Share value of Adani Green Energy gained round three per cent on Thursday, May 6, a day after the renewable power firm introduced its January-March quarter outcomes for the monetary yr 2020-21. On Thursday, May 6, Adani Green Energy opened on the BSE at Rs 1089.95, registering an intra day excessive of Rs 1099.95, and an intra day low of Rs 1072.00, within the buying and selling session thus far. According to a regulatory submitting by the agency to the inventory exchanges, Adani Green Energy reported a web revenue of Rs 104 crore on a consolidated foundation within the March quarter. (Also Read: Adani Green Energy’s Subsidiary Unit Commissions Solar Plant In Uttar Pradesh )

According to the assertion, Adani Green Energy, reported a 86 per cent progress in web revenue through the fourth quarter of the fiscal yr 2020-21, as in comparison with Rs 56 crore within the corresponding quarter of the earlier fiscal yr. The firm reported an increase in web revenue largely as a result of larger revenues.

Adani Green Energy’s complete earnings within the March quarter stood at Rs 1,082 crore, in comparison with Rs 719 crore in the identical interval final yr. For the monetary yr 2200-21, Adani Green Energy reported a complete revenue of Rs 182 crore on a consolidated foundation, in comparison with a lack of Rs 68 crore within the earlier fiscal.

On the NSE, Adani Green Energy opened at Rs 1,083.95, witnessing an intra day excessive of Rs 1,100, and an intra day low of Rs 1,072, within the session thus far. It was final buying and selling 2.18 per cent larger at Rs 1,087.75 on the NSE.

Shares of Adani Green Energy have been final buying and selling 2.15 per cent larger at Rs 1088.80 on the BSE.



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