Adani Green Energy Ltd on Monday reported its third quarter profit for the financial year 2023-24 at Rs 256 crore, up 148.5 per cent in comparison to Rs 103 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 2311 crore, up 17.3 per cent as against Rs 1971 crore during the quarter ended December 31, 2022. The company EBITDA stood at Rs 1666 crore, up 95 per cent on-year.
Amit Singh, CEO, Adani Green Energy Ltd, said, “With the recently announced equity and debt capital raise, we have put in place the capital management framework for a well secured growth path to the targeted 45 GW capacity by 2030. We continue to ramp up our execution capability by focusing on a resilient supply chain with emphasis on localization, digitalization at scale, workforce expansion and competency building. We are working on the world’s largest renewable power plant at Khavda in Gujarat and endeavor to set new standards for mega scale development of renewable energy projects as the world embraces the target of tripling renewable power capacity by 2030.”
