financial-results

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Torrent Power’s Profit Grows 87% YoY in Q1 FY 2025

Gujarat-based Torrent Power‘s net profit for the first quarter (Q1) of the financial year (FY) 2024-25 stood at ₹9.96 billion ($118.9 million), an 87%...

July 31, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Waaree’s Q1 FY 2025 Profit Up 208% as EPC Segment Revenue Rises

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a total revenue of ₹2.36 billion (~$28.18...

July 31, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Suzlon’s Q1 2025 Net Profit Soars to ₹3 Billion, Up 200% YoY

Wind turbine manufacturer Suzlon Energy recorded a net revenue of ₹20.16 billion (~$241.02 million) during the first quarter (Q1) of the financial year (FY) 2025, a...

July 23, 2024

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Arjun Joshi

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Other

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Renewable Energy
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IREDA’s Profit Surges 30% YoY in Q1 FY 2025 as Loan Book Expands

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 30% year-over-year (YoY) increase in profit after tax for the first quarter...

July 15, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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ReNew Records Net Profit of ₹609 Million in Q4 FY 2024, Up 723% YoY

Independent renewable power producer ReNew recorded a total revenue of ₹24.78 billion (~$296.85 million) for the fourth quarter (Q4) of the financial year (FY) 2023-24,...

June 6, 2024

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Arjun Joshi

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Finance and M&A

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Other
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SJVN Records Total Income of ₹5.7 Billion in Q4 2024, Down 2% YoY

SJVN recorded a total income of ₹5.73 billion (~$68.78 million) during the fourth quarter (Q4) of the financial year (FY) 2023-24, a year-over-year (YoY) decrease of 2%...

May 31, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Gensol Engineering’s Q4 Profit Soars 310% YoY to ₹348.2 Million

Engineering and consulting firm Gensol Engineering posted a net profit of ₹348.2 million (~$4.1 million) during the fourth quarter (Q4) of 2024, a year-over-year (YoY)...

May 30, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Solar Module Manufacturer Alpex’s Profit Up 149% in 2H FY 2024

Greater Noida-based solar module manufacturer Alpex Solar has recorded a total revenue of ₹2 billion (~$24.05 million) in the second half (2H) of the financial year (FY)...

May 29, 2024

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Arjun Joshi

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Finance and M&A

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Other
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IndiGrid’s Transmission Portfolio Grows, Q4 FY 2024 Revenue Up 31% YoY

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a revenue of ₹7.86 billion (~$94.59 million) during the fourth quarter (Q4) of the...

May 27, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Suzlon Energy’s Q4 Income Rises 29.85% YoY as Order Book Swells

Wind turbine manufacturer Suzlon Energy recorded a total income of ₹21.79 billion (~$262 million) during the fourth quarter (Q4) of 2024, a year-over-year (YoY) increase...

May 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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Torrent Power’s Revenue Up 8% YoY to ₹65 Billion in Q4 FY 2024

Gujarat-based Torrent Power recorded a revenue of ₹65.29 billion (~$784.36 million) for the fourth quarter (Q4) of the financial year (FY) 2023-24, a year-over-year...

May 23, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Eos Energy Narrows Loss in Q1 2024, Cuts Direct Material Cost

Energy storage solutions provider Eos Energy Enterprises narrowed its first quarter, 2024 net loss by 34.7% to $46.71 from $71.6 million in the same quarter of 2023....

May 16, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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IEX Records 9% Jump in Q4 Profits, Trades 1 BU of Green Energy

The Indian Energy Exchange (IEX) has reported a total income of ₹1.49 billion (~$17.85 million), an increase of 15% year-on-year (YoY) in the fourth quarter (Q4) of the...

May 16, 2024

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Arjun Joshi

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Finance and M&A

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Other
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PFC Posts ₹75 Billion Net Profit in Q4 FY 2024, Loan Assets Rise 16% YoY

Government-owned Power Finance Corporation (PFC) recorded a total income of ₹241.76 billion (~$2.89 billion) for the fourth quarter (Q4) of the financial year (FY) of...

May 15, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Bloom Eyes Opportunities in Data Centers as Net Loss Narrows

Fuel cell manufacturer Bloom Energy recorded a revenue of $235.3 million in the first quarter (Q1) of 2024, a 14.5% year-over-year (YoY) decline from $275.2 million. The...

May 14, 2024

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Arjun Joshi

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Finance and M&A

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Other

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