In short – Adani Green reported a 39% decline in its net profit for Q4, attributing it to rising expenses. Despite revenue growth, the company faced challenges in managing costs effectively, impacting its bottom line. This decrease underscores the importance of cost management strategies in maintaining profitability amid operational expansions and market fluctuations, highlighting areas […]
Airtel to source 23,000 MWh renewables by Q4 for six Nxtra data centres – EQ
Airtel has also entered into a similar stake purchase agreement with the project company Vibrant Energy to supply solar power to its Edge data centre in Vijaywada Bharti Airtel announced on Monday that it will purchase 23,000 MWh of renewable energy by Q4FY24 for its data centre company, Nxtra. In line with its commitment to […]
Orsted says offshore business faced headwinds in Q4 due to delays, hedges – EQ Mag
Denmark’s Ørsted, the world’s No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. “In a year with unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we’re happy to achieve a record-high […]
BHEL back in black, Records 912 Cr profit in Q4 – EQ Mag Pro
BHEL back in the black in FY 21-22; Posts profit in FY 21-22 after two years of losses; Turnover up 24%, Pays 20% dividend; PAT at Rs.410 Crore against Rs.2,717 Crore loss in FY 20-21 New Delhi: Bharat Heavy Electricals Limited (BHEL) has bounced back into the black in fiscal 2021-22 despite the 2nd wave […]
Reliance Power Q4 Turns to Net Profit of Rs72.56cr After Massive Rs-4206cr Loss in Mar-20 Quarter
Reliance Power Ltd reported -7.98% yoy fall in consolidated sales revenues for the Mar-21 quarter at Rs1,654.57cr. Reliance Power Ltd reported -7.98% yoy fall in consolidated sales revenues for the Mar-21 quarter at Rs1,654.57cr. In the midst of the challenges of COVID, Reliance Power managed to achieve 96.25% plant load factor (PLF) at its 3,960 […]