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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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Torrent Power Records a 6% YoY Increase in Profit in Q1 FY2023

Gujarat-based power company Torrent Power posted a profit after tax of ₹5.32 billion (~$64.3 million) for the first quarter (Q1) of the financial year (FY) 2023-24, a...

August 11, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Tata Power’s Revenue Jumps 42% YoY to ₹110.15 Billion in Q3 FY 2022

Tata Power has recorded a revenue of ₹110.15 billion (~$1.47 billion) in the third quarter (Q3) of the financial year (FY) 2022, a 42% year-over-year (YoY) increase...

February 10, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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IREDA Posts a Record 61% YoY Growth in After-Tax Profits in FY 2020-21

The Indian Renewable Energy Development Agency (IREDA) posted a profit after tax of ₹3.46 billion (~$47.75 million) as against ₹2.1 billion (~$29.67 million) in the last...

May 31, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Tata Power’s Renewable Energy Business Witnesses an Uptick of 9% YoY in Q3 FY19

Tata Power has reported a consolidated profit after tax (PAT) of ₹2,050 million (~$28.9 million) in the third quarter of FY 2018-19. When compared to the consolidated...

January 30, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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Inter-State Sale of Renewable Power Should be Facilitated : NITI Aayog

The National Institute of Transforming India (NITI) Aayog has released a report called “Strategy for New India @75” to accelerate growth of the Indian economy. In the...

December 24, 2018

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Saumy Prateek

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Markets & Policy

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Solar
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Renewables Help Tata Power Increase Its Consolidated Profit After Tax by 85% in Q2 FY19

Tata Power’s Q2 FY19 consolidated profit after tax (PAT) was up 85 percent at ₹3.93 billion (~$53.53 million) as compared to ₹2.13 billion (~$29.01 million) in the...

October 30, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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Helped by Higher Renewable Generation, Tata Power’s Revenues up 16% in Q1 of FY 2018-19

Tata Power’s Q1 FY19 revenue was up 16 percent at ₹71.39 billion (~$1.04 billion) compared to ₹61.66 billion (~$0.09 billion) Q1 FY18. Standalone revenue stood at ₹18.44...

July 27, 2018

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Nitin Kabeer

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Other

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Renewable Energy
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Renewables a Significant Contributor to Tata Power’s Annual Profit of ₹26.79B for FY 2017-18

Tata Power’s annual consolidated profit after tax (PAT) stood at ₹26.79 billion (~$401.48 million), up 144 percent when compared with the previous year, the company...

May 7, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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Tata Power’s Renewables Business Profit Jumps to ₹720 Million in Q3 FY2018

Tata Power reported Q3 consolidated net profit of ₹6.12 billion (~$95.32 million), slightly below compared to the same quarter last year of ₹6.19 billion (~$96.41...

February 15, 2018

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Saumy Prateek

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Markets & Policy

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Solar

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