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Quarter Results

Harsha Moily’s $200 million climate tech startup fund eyes first close in Q1 2022 – EQ Mag Pro

NFC Ventures is taking a unique approach by factoring in the reduction of carbon emissions through its portfolio companies in its overall returns to investors. Nature Fix Climate (NFC) Ventures, a climate technology-focused fund launched by Harsha Moily (son of senior Congress leader M Veerappa Moily) and Balaji Srinivas, former Abraaj Group managing director, aims […]

Waaree Renewables Technologies reports consolidated net profit of Rs 4.30 crore in the September 2021 quarter – EQ Mag Pro

Net profit of Waaree Renewables Technologies reported to Rs 4.30 crore in the quarter ended September 2021 as against net loss of Rs 0.57 crore during the previous quarter ended September 2020. Sales rose 1102.13% to Rs 11.30 crore in the quarter ended September 2021 as against Rs 0.94 crore during the previous quarter ended […]

IREDA registers all-time high half-yearly profit after tax – EQ Mag Pro

The Indian Renewable Energy Development Agency, announced audited financial results for half-year-1 and quarter-2 FY 2021-22 ending September 30, 2021 The Indian Renewable Energy Development Agency (IREDA), a public sector unit (PSU) under the Ministry of New and Renewable Energy (MNRE) on Saturday announced audited financial results for half-year-1 and quarter-2 financial year (FY) 2021-22 […]

RIL exits shale gas biz in North America – EQ Mag Pro

Reliance Eagleford Upstream Holding has signed agreement for the sale of its assets in the Eagleford shale play in Texas USA. Reliance Eagleford Upstream Holding, (“REUHLP”) a wholly owned step-down subsidiary of Reliance Industries (“RIL”), announced the signing of agreements with Ensign Operating III, (“Ensign”), a Delaware limited liability company to divest its interest in […]

SolarEdge Announces Third Quarter 2021 Financial Results – EQ Mag Pro

MILPITAS, Calif. : SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights  Record revenues of $526.4 million Record revenues from solar segment of $476.8 million GAAP gross margin of 32.8% Non-GAAP gross margin of 34.0% Gross margin […]