Adani Green Energy shares in focus after company reports 39% YoY jump in Q2 net profit
- Posted on October 23, 2024
- By Business News Today
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Adani Green Energy shares in focus after company reports 39% YoY jump in Q2 net profit
Adani Green Energy's consolidated net profit jumped 39% to Rs 515 crore in Q2 2024, driven by major greenfield capacity additions and robust operational efficiency. Revenue rose 30% to Rs 3,376 crore. The company reduced its net debt-to-EBITDA ratio and reported significant growth in operational capacity and energy sales.