Adani Green Energy Ltd Q3 FY2022-23 consolidated profit at Rs. 103 crores

Adani Green Energy Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2258 crores during the period ended December 31, 2022 as compared to Rs. 1686 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 103 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 149 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.47 for the period ended December 31, 2022 as compared to Rs. 0.74 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2258 crs	₹1686 crs	33.93%
Net Profit	₹103 crs	₹149 crs	-30.87%
EPS	₹0.47	₹0.74	-36.49%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2258 crores during the period ended December 31, 2022 as compared to Rs.1471 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.103 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.49 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.47 for the period ended December 31, 2022 as compared to Rs.0.14 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2258 crs	₹1471 crs	53.50%
Net Profit	₹103 crs	₹49 crs	110.20%
EPS	₹0.47	₹0.14	235.71%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5645 crores during the 9 Months period ended December 31, 2022 as compared to Rs.3961 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.466 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.368 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.39 for the 9 Months period ended December 31, 2022 as compared to Rs.1.84 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹5645 crs	₹3961 crs	42.51%
Net Profit	₹466 crs	₹368 crs	26.63%
EPS	₹2.39	₹1.84	29.89%

Shares of Adani Green Energy Limited was last trading in BSE at Rs. 843.20 as compared to the previous close of Rs. 887.55. The total number of shares traded during the day was 723860 in over 44556 trades.

The stock hit an intraday high of Rs. 931.90 and intraday low of 843.20. The net turnover during the day was Rs. 638921493.00.

Source : Equity Bulls

Keywords

AdaniGreenEnergy Q3FY23 9MFY23 ResultUpdate