profit

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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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Waaree’s Q4 FY 2024 Profit Up 341% as EPC Segment Revenue Soars

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹541.8 million (~$6.48 million)...

May 13, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Flux Power’s Q3 Net Loss Up 83% YoY as Operating Expenses Rise

Lithium-ion storage solutions provider Flux Power Holdings’ net loss for the third quarter (Q3) of the financial year (FY) 2023-24 widened 83% year-over-year (YoY)...

May 10, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Tata Power Hits Record Profits of ₹42.8 Billion in FY 2024

Tata Power, an integrated power company, recorded a profit after tax of ₹10.46 billion (~$125.28 million) in the fourth quarter (Q4) of the financial year (FY) 2024, a...

May 9, 2024

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Arjun Joshi

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Finance and M&A

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Other
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JSW Energy’s Q4 Profits Up 22% as Renewable Generation Surges by 124%

Independent power producer JSW Energy reported a net profit of ₹3.43 billion (~$41.07 million), a jump of 22% year-over-year (YoY) in the fourth quarter (Q4) of the...

May 8, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Inox Wind Maintains Growth Momentum, Records 190% Surge in Q4 Revenue

Wind energy solutions provider Inox Wind reported a profit after tax of ₹376.7 million (~$4.51 million) for the fourth quarter (Q4) of the financial year (FY) 2024 from...

May 7, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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REC’s Q4 Net Profit Up by 33% to ₹41 Billion, Loan Approvals for Renewables Surge

Public infrastructure finance company REC Limited recorded a total income of ₹127.07 billion (~$1.52 billion) for the fourth quarter (Q4) of the financial year (FY)...

May 2, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Captive Segment Growth Drives KPI Green’s Profit Up 36% in Q4 FY24

Renewable energy solutions provider KPI Green Energy posted a revenue of ₹2.93 billion (~$35.16 million) in the fourth quarter (Q4) of the financial year (FY) 2023-24,...

April 26, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Array Tech Reports $19.34 Million Q4 Profit on Higher Operational Income

Array Technologies, a utility-scale solar tracker company, reported a net profit of $19.34 million for the fourth quarter (Q4) of 2023, an improvement of 268%...

February 28, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Captive Segment Growth Drives KPI Green’s Profit Up 47% YoY in Q3 FY24

Renewable energy solutions provider KPI Green Energy posted a net profit of ₹506.09 million (~$6.09 million) in the third quarter (Q3) of the financial year (FY) 2023-24,...

February 16, 2024

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Arjun Joshi

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Other

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Renewable Energy
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SJVN’s Q3 Net Profit Plunges 52% as Hydropower Generation Drops

SJVN has recorded a net profit of ₹1.39 billion (~$16.74 million) during the third quarter (Q3) of the financial year (FY) 2023-24, a year-over-year (YoY) decrease of 51....

February 13, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Tata Power Reports Net Profit for 17th Consecutive Quarter in Q3 FY 2024

Tata Power, an integrated power company, recorded a net profit of ₹10.76 billion (~$129.6 million) in the third quarter (Q3) of the financial year (FY) 2024, a growth of...

February 12, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Torrent Power’s Q3 Profit Falls 46% YoY to ₹3.74 Billion As Fuel Expenses Surge

Gujarat-based power company Torrent Power recorded a profit after tax (PAT) of  ₹3.74 billion (~$45.05 million) for the third quarter (Q3) of the financial year (FY)...

February 9, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Sales Volume Growth Drives Amara Raja’s Q3 Profits Up 15%

Amara Raja Energy & Mobility recorded a net profit of ₹2.55 billion (~$30.7 million) during the third quarter (Q3) of the financial year (FY) 2024, a year-over-year...

February 1, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Lower Finance Costs Drive Suzlon’s Q3 Profit Up 160% YoY to ₹2.03 Billion

Wind turbine manufacturer Suzlon Energy recorded a total income ₹15.7 billion (~$189.04 million) during the third quarter (Q3) of the financial year (FY) 2024, an...

January 31, 2024

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Arjun Joshi

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Other

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Renewable Energy

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