Adani Green Energy Posts 16 Percent Profit Rise
Adani Green Energy reported a sixteen percent rise in second quarter profit driven by stronger power sales and higher revenue. The company expanded its operational renewable capacity and expects to exceed battery storage targets.
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ADANI GREEN ENERGY LTD posted a 16% rise in second-quarter profit on Wednesday morning, driven by higher power sales. The green energy firm reported a consolidated profit of 7.47 billion rupees ($78.94 million) for the period ended September 30. That compares with 6.44 billion rupees during the same period a year earlier.
