Adani Green Energy Q2 FY24 Results: Consolidated PAT Rises to Rs. 371 Cr

Adani Green Energy Q2 FY24 Results: Consolidated PAT Rises to Rs. 371 Cr

Adani Green Energy Q2 FY24 Results Today

Adani Green Energy Q2 results show revenue up from 2,390 crores to 2,589 crores, an 8.33% increase in growth. EPS rose from ₹1.85 to ₹2.17, up by 17.30%.

Quarter-on-Quarter Basis Results (Q2 FY2024):

Adani Green Energy shared its Q2 results on Monday. They earned 2,589 crores in revenue this quarter, but that’s more than the 2,390 crores they made last quarter. The company’s growth increased by 8.33 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 371 crores, up from 323 crores in the previous quarter. Their quarter-to-quarter growth increased by 14.86 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹2.17, which is an increase of 17.30% from the ₹1.85 EPS in the previous quarter.

Year-over-Year Basis Results (Q2 FY2024):

The company made a total revenue of 2,589 crores this year (2023), which is 53.74 percent higher than last year’s total revenue of 1,684 crores.

This year’s PAT (Profit After Tax) is 371 crores, which is also 148.99% higher than last year’s PAT of 149 crores.

The EPS (Earnings Per Share) for this year is ₹2.17, which is 193.24% more than the EPS of ₹0.74 earned last year.

Year-over-Year Basis Results (Half Year Ended FY2024):

In the first half of 2023, the company generated a total revenue of 4,979 crores, marking a 47.13% increase compared to the previous year’s 3,384 crores.

The PAT (Profit After Tax) for this half-year stands at 694 crores, showing a 91.18% growth over the previous year’s 363 crores.

The EPS (Earnings Per Share) for this half-year is ₹4.02, representing a 109.38% increase from the previous half-year’s EPS of ₹1.92.

Adani Green Energy Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Adani Green Energy:

Adani Green Energy Limited (AGEL) is a prominent Indian renewable energy firm specializing in the development, construction, ownership, operation, and maintenance of large-scale grid-connected solar power, wind power, hybrid projects, and solar parks. AGEL stands as one of the leading renewable energy enterprises in India, boasting an extensive project portfolio currently totaling 20,434 megawatts (MW).

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