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Adani Green Energy reports 20% EBITDA growth
The Business Guardian
|October 24, 2024
Adani Green Energy Ltd (AGEL) reported a 20 percent year-on-year (YoY) growth in EBITDA for the second quarter of the 2025 financial year (FY), reaching Rs 4,518 crore.
These quarterly results are driven by significant capacity additions and robust operational performance.
According to AGEL's financial statement, the company has made major strides in expanding its operational capacity, growing by 34 percent YoY to 11.2 GW. Energy sales rose by 20 percent YoY to 14,128 million units, while revenue increased by 20 percent YoY to Rs 4,836 crore.
The company's energy sales in the second quarter were propelled by these capacity additions and strong operational performance.
This story is from the October 24, 2024 edition of The Business Guardian.
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