profit

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Inox Wind Swings to Profit in Q1 FY 2025, Posts Record Revenue

Inox Wind, a provider of wind energy solutions, has reported revenue of ₹6.51 billion (~$77.5 million) in the first quarter (Q1) of the financial year (FY) 2025, an 84....

August 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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Fluence Narrows Loss in Q3 FY 2024, Sees Growth in Energy Storage Demand

Fluence Energy, a utility-scale energy storage firm, reported a revenue of $483.31 million in the third quarter (Q3) of the financial year (FY) 2023-24, a 10%...

August 12, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Rising Commercial Demand Takes Fuel Cell Firm Bloom’s Q2 Revenue Up 11% YoY

Fuel cell manufacturer Bloom Energy recorded a revenue of $335.76 million in the second quarter (Q2) of 2024, an 11.5% year-over-year (YoY) growth from $301.09 million...

August 12, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Sunrun’s Q2 Revenue Drops by 11% YoY, Despite Growth in Storage Business

Sunrun, a U.S.-based provider of solar energy, battery, and storage services, reported a total revenue of $523.9 million for the second quarter (Q2) of 2024, marking an...

August 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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Tata Power Records Highest Quarterly Profit of ₹12 Billion in Q1 FY 2025

Tata Power, an integrated power company, reported its highest ever quarterly profit after tax (PAT) of ₹11.89 billion (~$141.68 million), a growth of 31% year-over-year...

August 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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Amara Raja Energy & Mobility’s Revenue Rises 13% in Q1 FY 2025

Battery manufacturer Amara Raja Energy & Mobility has announced a profit before tax of ₹3.29 billion (~$39.1 million) for the first quarter of the financial year FY...

August 5, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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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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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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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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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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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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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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