Adani Green Energy Ltd (AGEL) Reports Significant Growth

Adani Green Energy Ltd (AGEL) showcased a remarkable financial performance this quarter, with a 25.54% increase in consolidated net profit, reaching Rs 383 crore. This growth is attributed to higher revenues, marking a significant milestone for the company.

EBITDA and Total Income Show Upward Trend

The company's EBITDA saw a 22% annual growth, amounting to Rs 8,818 crores. Total income for the quarter also rose to Rs 3,278 crore, up from Rs 2,841 crore the previous year, indicating a strong financial health and operational efficiency.

Leadership and Future Plans

AGEL's board has approved the reappointment of Vneet S Jaain as Managing Director for another five-year term, starting 10 July 2025. This move is expected to bring continuity and stability to the company's leadership.

Adani Total Gas Ltd (ATGL) Also Posts Strong Results

ATGL reported a 13% growth in volumes for the quarter and a 15% increase over the full year. The company's revenue from operations rose by 15% year-on-year to Rs 1,448 crore for the March quarter, driven by higher volumes in the CNG segment.

Expansion and Operational Excellence

ATGL expanded its network to 1,072 CNG stations and crossed the 1 million mark in PNG home connections. The company's focus on operational excellence and digitalization has contributed to maintaining a robust EBITDA of Rs 1,167 crore.