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04-May-2023

Adani Green Energy

Sales up 78%, net jumps 319%


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Consolidated net sales (including other operating income) of Adani Green Energy for the quarter ended Mar 2023 has increased 77.82% to Rs 2598 crore.  Sale of energy was up 56% to 2872 million units primarily backed by strong capacity addition, analytics driven O&M enabling high plant availability and deployment of latest renewable technologies.

Operating profit margin has jumped from 66.53% to 87.14%, leading to 132.92% rise in operating profit to Rs 2,264.00 crore.  Purchase of finished goods cost fell from 21.22% to 16.90%.   Employee cost decreased from 0.62% to 0.42%.   Other expenses fell from 11.64% to 4.46%.   Exchange brokerage and commission rose from 4.11% to 11.78%.   

Other income rose 209.52% to Rs 390 crore.  PBIDT rose 141.71% to Rs 2654 crore.  Provision for interest rose 100.60% to Rs 1338 crore.  Loan funds rose to Rs 54,223.00 cror...



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