In Short : Vedanta Ltd plans to raise ₹5,000 crore through non-convertible debentures (NCDs) to support business operations and a planned demerger. The move follows a strong Q4 showing, with a 154% profit surge to ₹3,483 crore and revenue rising to ₹41,216 crore. The NCDs will be listed on the BSE, enhancing financial flexibility and […]
IndiGrid Profit Doubles to Rs 116.9 Cr in Q4 – EQ
In Short : IndiGrid’s Q4 FY2025 net profit doubled to ₹116.9 crore from ₹58.4 crore, with revenue rising to ₹920.3 crore. The quarter saw commissioning of a 20 MW Kilokari Battery Energy Storage System, boosting grid stability. IndiGrid aims to double assets to ₹60,000 crore by 2030, focusing on transmission and renewable energy, while increasing […]
Shakti Pumps India posts 23 pc growth in profit to Rs 110 cr in Q4 – EQ
In Short : Shakti Pumps (India) Ltd. reported a 23% rise in net profit for Q4 FY25, reaching ₹110.23 crore, compared to ₹89.67 crore in the previous year. Total income rose to ₹669.76 crore. For the full fiscal year, net profit surged 188% to ₹408.37 crore, with revenue increasing 84% to ₹2,516.24 crore, driven by […]
Reliance Power shares in focus after company swings to ₹126 crore profit in Q4 – EQ
In Short : Reliance Power reported a net profit of ₹126 crore in Q4 FY25, reversing a loss of ₹397.56 crore from the previous year, driven by reduced expenses. The company’s shares surged 12.5% on the BSE, reaching ₹43.50. For the full fiscal year, it posted a net profit of ₹2,947.83 crore, significantly improving its […]
Servotech Renewable Power System net profit doubles to Rs 7.71 cr in Q4 – EQ
In Short : Servotech Renewable Power System’s net profit doubled to ₹7.71 crore in Q4 FY25, a 127% increase from the previous year. Revenue rose by 8% to ₹147.46 crore. The company attributed the growth to its focus on EV charging infrastructure and solar energy. Additionally, Errol Musk joined Servotech’s Global Advisory Board to support […]
Adani Energy Solutions ends Q4 and FY25 on record high – EQ
Q4PAT up 87% at Rs 714 crore FY25 PAT of Rs 2,427 crore excluding exceptional item of Rs 1506 crore, up 103% YoY Q4 EBITDA at Rs 2,262 crore, up 28% FY25 EBITDA at Rs 7,746, up 23% YoY FY25 was a momentous year for AESL with solid operating and financial performance. With its strong […]
Adani Green Q4 net declines 39% due to rising expenses – EQ
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 […]