Adani Green Energy Ltd reports Rs. 508 crores consolidated PAT in Q4FY23

Adani Green Energy Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2988 crores during the period ended March 31, 2023 as compared to Rs. 2258 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 508 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 103 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 3.02 for the period ended March 31, 2023 as compared to Rs. 0.47 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹2988 crs	₹2258 crs	32.33%
Net Profit	₹508 crs	₹103 crs	393.20%
EPS	₹3.02	₹0.47	542.55%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.2988 crores during the period ended March 31, 2023 as compared to Rs.1587 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.508 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.121 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.3.02 for the period ended March 31, 2023 as compared to Rs.0.58 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹2988 crs	₹1587 crs	88.28%
Net Profit	₹508 crs	₹121 crs	319.83%
EPS	₹3.02	₹0.58	420.69%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8633 crores during the Financial Year ended March 31, 2023 as compared to Rs.5548 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.974 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.489 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.41 for the Financial Year ended March 31, 2023 as compared to Rs.2.41 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹8633 crs	₹5548 crs	55.61%
Net Profit	₹974 crs	₹489 crs	99.18%
EPS	₹5.41	₹2.41	124.48%

Shares of Adani Green Energy Limited was last trading in BSE at Rs. 950.60 as compared to the previous close of Rs. 916.95. The total number of shares traded during the day was 142343 in over 9768 trades.

The stock hit an intraday high of Rs. 960.00 and intraday low of 923.00. The net turnover during the day was Rs. 133877901.00.

Source : Equity Bulls

Keywords

AdaniGreenEnergy Q4FY23 FY2023 ResultUpdate