Adani Green Energy climbs high on reporting 8% rise in Q4 consolidated net profit

06 May 2021 Evaluate

Adani Green Energy is currently trading at Rs. 1080.35, up by 14.50 points or 1.36% from its previous closing of Rs. 1065.85 on the BSE.

The scrip opened at Rs. 1089.95 and has touched a high and low of Rs. 1099.95 and Rs. 1072.00 respectively. So far 55175 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1341.60 on 24-Mar-2021 and a 52 week low of Rs. 202.70 on 08-May-2020.

Last one week high and low of the scrip stood at Rs. 1099.95 and Rs. 998.60 respectively. The current market cap of the company is Rs. 168983.92 crore.

The promoters holding in the company stood at 56.05%, while Institutions and Non-Institutions held 21.77% and 22.18% respectively.

Adani Green Energy has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 2-fold jump in its net profit at Rs 135 crore for the quarter under review as compared to Rs 65 crore for the same quarter in the previous year. Total income of the company jumped many fold at Rs 2,229 crore for Q4FY21 as compared Rs 141 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 8.25% in its net profit attributed to the owners at Rs 105 crore for the quarter under review as compared to Rs 97 crore for the same quarter in the previous year. Total income of the company increased by 50.49% at Rs 1,082 crore for Q4FY21 as compared Rs 719 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported around 3-fold jump in its net profit at Rs 364 crore as compared to Rs 134 crore for the previous year. Total income of the company increased by 89.37% at Rs 2,992 crore for year under review as compared to Rs 1,580 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported net profit attributed to the owners of Rs 210 crore against net loss of Rs 23 crore for the previous year. Total income of the company increased by % at Rs 3,520 crore for year under review as compared to Rs 2,629 crore for year ended March 31, 2020.

Adani Green Energy Share Price

1034.75 1.25 (0.12%)
23-Dec-2024 15:41 View Price Chart
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