Adani Green Energy reported 61.11% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs842.92cr. There was a sharp increase in the revenues from power supply while EPC started to generate revenues. Revenues from sale of goods were lower but other income was sharply higher on a yoy basis.
The consolidated Profit after tax (PAT) for the Dec-20 quarter turned around to Rs41.36cr as against a loss of Rs128.5cr in the previous Dec-19 quarter. The sharply higher total revenues helped better absorption of fixed costs during the quarter resulting in a turnaround in net profits. As a result, the PAT margins came in at 4.91% for the Dec-20 quarter.
Financial highlights for Dec-20 compared yoy and sequentially
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Adani Green Energy |
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|
|
Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
|
Total Income (Rs cr) |
₹ 842.92 |
₹ 523.20 |
61.11% |
₹ 718.15 |
17.37% |
|
Net Profit (Rs cr) |
₹ 41.36 |
₹ -128.46 |
N.A. |
₹ 17.57 |
135.40% |
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Diluted EPS (Rs) |
₹ 0.12 |
₹ -0.93 |
|
₹ -0.09 |
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Net Margins |
4.91% |
-24.55% |
|
2.45% |
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