profit

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JSW Energy’s Profit Dips 27% YoY in Q3 FY 2025

Independent power producer JSW Energy reported a net profit of ₹1.68 billion (~$19.42 million) in the third quarter (Q3) of the financial year (FY) 2025, a decrease of...

January 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Suzlon Energy’s Revenue, Profit Rises 91% YoY in Q3 FY 2025

Wind turbine manufacturer Suzlon Energy recorded a revenue of ₹29.69 billion (~$343 million) during the third quarter (Q3) of the financial year (FY) 2025, an increase...

January 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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IndiGrid’s Revenue Flat at ₹7.7 Billion in Q3 FY 2025, Profit Drops 37%

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported consolidated revenue of ₹7.72 billion (~$89.53 million) in the third quarter (Q3) of the...

January 24, 2025

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Arjun Joshi

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Finance and M&A

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Other
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EPC Growth Propels Sterling and Wilson to Fourth Straight Profitable Quarter

Sterling and Wilson Renewable Energy, the engineering, procurement, and construction (EPC) arm of the Shapoorji Pallonji Group, posted a net profit of ₹171.4 million...

January 16, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Canadian Solar Misses Revenue Expectations as Module Prices Fall

Solar module manufacturer Canadian Solar‘s third quarter (Q3) 2024 revenue and earnings fell short of analyst expectations as average selling prices for solar...

December 9, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Torrent Power’s Revenue Grows 3% YoY in Q2 FY 2025

Gujarat-based Torrent Power’s revenue from operations increased 3% year-over-year (YoY) to ₹71.76 billion (~$850.1 million) in the second quarter (Q2) of the financial...

November 14, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Bloom Energy Misses Q3 Revenue Estimates Despite Strong Margin Gains

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $330.4 million in the third quarter (Q3) of 2024, down 17.46% year-over-year (YoY) from $400.3...

November 13, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Solar Module Manufacturer Insolation Energy’s Revenue Up 118% YoY in 1H FY25

Jaipur-based solar module manufacturer Insolation Energy reported a revenue of ₹6.13 billion (~$72.64 million) in the second quarter (Q2) of the financial year (FY) 2025,...

November 11, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Market Expansion Helps Amara Raja Energy’s Revenue Growth in Q2 FY 2025

Battery manufacturer Amara Raja Energy & Mobility has recorded a revenue of ₹32.51 billion (~$385.32 million) in the second quarter (Q2) of the financial year (FY)...

November 8, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Rising Construction Margin Drives 1,632% YoY Rise in Net Profit for Scatec

Norway-based renewable energy solutions provider Scatec reported a 1,632% year-over-year (YoY) rise in net profit to NOK1.65 billion (~$150.18 million) in the third...

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KPI Green’s Revenue Increases 67% YoY in Q2 FY 2025

Surat-based KPI Green Energy, a solar and hybrid power provider, posted a total revenue of ₹3.61 billion (~$42.83 million) in the second quarter (Q2) of the financial...

November 7, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Robust EPC Segment Revenue Drives Waaree’s Q2 FY 2025 Up 249% YoY

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a total revenue of ₹5.24 billion (~$62.24...

November 6, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Nextracker Posts Seventh Consecutive Quarter of Double-Digit Revenue Growth

US-based solar tracker firm Nextracker’s net profit climbed 193.9% year-over-year (YoY) to $115.39 million in the second quarter (Q2) of the financial year (FY) 2024-25...

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Customer Agreements, ITC Incentives Drive Sunnova’s Q3 Revenue Growth

U.S.-based residential solar firm Sunnova Energy reported a revenue of $235.3 million in the third quarter (Q3) of 2024, up 19% year-over-year (YoY) from $198.4 million...

November 4, 2024

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Arjun Joshi

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Finance and M&A

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Other
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JinkoSolar’s Revenue Drops 23% YoY in Q3 Due to Lower Module Prices

China-based solar cell and module manufacturer JinkoSolar’s revenue dipped 23% year-over-year (YoY) to RMB24.51 billion (~$3.49 billion) in the third quarter (Q3) of...

October 31, 2024

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Arjun Joshi

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Finance and M&A

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Other

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