Business

Shares of Adani Green Energy were last trading 2.15 per cent greater at Rs 1,088.80 on the BSE.Share price of Adani Green Energy got around three percent on Thursday, May 6, a day after the renewable resource business announced its January-March quarter results for the financial year 2020-21.

On Thursday, May 6, Adani Green Energy opened on the BSE at Rs 1089.95, registering an intra day high of Rs 1099.95, and an intra day low of Rs 1072.00, in the trading session so far.

According to a regulative filing by the firm to the stock exchanges, Adani Green Energy reported a net profit of Rs 104 crore on a combined basis in the March quarter.

(Likewise Read: Adani Green Energy's Subsidiary System Commissions Solar Plant In Uttar Pradesh )According to the declaration, Adani Green Energy, reported a 86 per cent growth in net profit during the 4th quarter of the fiscal year 2020-21, as compared to Rs 56 crore in the corresponding quarter of the previous.

The business reported a rise in net profit primarily due to higher revenues.Adani Green Energy's total earnings in the March quarter stood at Rs 1,082 crore, compared to Rs 719 crore in the exact same duration in 2015.

For the financial year 2200-21, Adani Green Energy reported a total profit of Rs 182 crore on a combined basis, compared to a loss of Rs 68 crore in the previous fiscal.On the NSE, Adani Green Energy opened at Rs 1,083.95, seeing an intra day high of Rs 1,100, and an intra day low of Rs 1,072, in the session up until now.

It was last trading 2.18 percent greater at Rs 1,087.75 on the NSE.Shares of Adani Green Energy were last trading 2.15 per cent greater at Rs 1088.80 on the BSE.





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