Quarter Results

IndiGrid Q1 Profit Down 5% to Rs 81 Crore; Income Rises to Rs 564 Crore

July 31, 2021 Anand Gupta

Total income rose to Rs 564.99 crore in the quarter from Rs 367.45 crore in the same period a year ago Infrastructure investment trust IndiGrid on Friday reported 5.49 per cent decline in consolidated net profit at Rs 80.91 crore for June quarter 2021-22. In the year-ago period, India Grid Trust (IndiGrid) clocked a profit […]

Quarter Results

JSW Energy Q1 Profit Down 6% to Rs 201 Cr, Revenues Decline

July 31, 2021 Anand Gupta

JSW Energy is pursuing a growth strategy to expand from the current capacity of 4.6 GW to 10 GW by 2024-25 and 20 GW by 2029-30, with the entire capacity addition being via renewables. JSW Energy on Friday reported 5.6 per cent decline in consolidated net profit at Rs 201 crore for June quarter 2021-22. […]

Quarter Results

Shakti Pumps (India) Q1 consolidated PAT up 120 pc at Rs 7.29 cr

July 26, 2021 Anand Gupta

With the rise in the price of diesel, the importance of solar pumps can certainly be emphasized enough, he said.He said that the huge potential of PM-KUSUM scheme for the countrys agro-economy and energy sector has come to the fore. After installing 15,000 solar pumps out of the total 50,000 installed by the Central government […]

Quarter Results

IREDA Expects Five-Fold Growth in Next Five Years And Plans For IPO in 3rd Quarter

July 17, 2021 Anand Gupta

Shri Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA today participated in a panel discussion on “Financing India’s Clean Energy Transition” during 2nd edition of Digital Conference & Exhibition on “Aatmanirbhar Bharat- Self-Reliance for Renewable Energy Manufacturing” organized by the Confederation of Indian Industry (CII). New Delhi : Shri Pradip Kumar Das, Chairman & […]

SITC of Roof Top Solar Plant and Solar Water Heating system for SJVN Office Complex at Dehradun

Quarter Results

Financial Results For the 4th Quarter/ Financial Year Ended 31st March 2021 And Declaration of Dividend

July 3, 2021 Anand Gupta

Financial Results For the 4th Quarter/ Financial Year Ended 31st March 2021 And Declaration of Dividend. For more information please see below link:

NTPC invites global EoI for hydrogen fuel cell-based pilot projects

Quarter Results

NTPC Share Price Rises After 3-Fold Jump in Q4 Profit; Brokerages Expect up to 29% Upside

June 21, 2021 Anand Gupta

The stock trades attractively at FY22E P/BV of 0.8x and dividend yield of 6 percent. We maintain buy, with DCF-based target of Rs 145 per share, Motilal Oswal said. NTPC share price gained over 2 percent in the morning session on June 21, after the company declared its March quarter results on June 19. The […]

Quarter Results

Azure Power Announces Results for Fiscal Fourth Quarter 2021

June 17, 2021 Anand Gupta

Ebene: Azure Power Global Limited (NYSE: AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021. Fiscal Fourth Quarter 2021 Period Ended March 31, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 1,990 […]

Discoms’ outstanding dues to power gencos rise nearly 24pc to Rs 1.36 lakh crore in Dec

Quarter Results

Discoms’ Outstanding Dues to Gencos Fall 11.2 Per Cent to Rs 81,628 Crore in April

June 14, 2021 Anand Gupta

Distribution companies (discoms) owed a total Rs 91,915 crore to power generation firms in April 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 11.2 per cent to Rs 81,628 crore […]

PTC India Financial slumps after dismal Q4 numbers

Quarter Results

PTC India Financial Skids On Reporting Q4 Net Loss At Rs 54 Cr

June 11, 2021 Anand Gupta

PTC India Financial Services (PFS) lost 5.87% to Rs 19.25 after the company reported consolidated net loss stood of Rs 53.66 crore in Q4 FY21 compared with net profit of Rs 7.05 crore in Q4 FY20. Total income dropped 17.5% to Rs 274.57 crore in Q4 FY21 over Q4 FY20. The company reported pre-tax loss […]

Quarter Results

PFS sanctions fresh loans of Rs 2,329 crore in Q4

June 10, 2021 Anand Gupta

Mumbai (Maharashtra) : PTC India Financial Services (PFS) said on Thursday it sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March. Provision coverage ratio increased to 62 per cent in Q4 FY21 compared to 49 per cent in Q3 FY21. The company’s net interest income for […]