Adani Green’s Profits Up 50% YoY in Q2 FY23 on the Back of Higher Sale of Power

The company registered revenue of ₹11.07 billion during the quarter

November 11, 2022

/ Finance and M&A, Other, Renewable Energy

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Adani Green Energy (AGEL) posted cash profits of ₹6.01 billion (~$73.98 million) in the second quarter (Q2) of the financial year (FY) 2023, a 50% increase over ₹4.01 billion (~$49.36 million) in the same period last year. The company attributed the increase in profits to the rise in the sale of power.

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Rakesh Ranjan

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Adani Green’s Profits Up 50% YoY in Q2 FY23 on the Back of Higher Sale of Power

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