profit

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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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Tata Power Records 20th Consecutive Quarter of Profit in Q2 FY 2025

Tata Power, an integrated power company, reported a record-high quarterly profit after tax (PAT) of ₹15.33 billion (~$182.32 million) in the second quarter (Q2) of the...

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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Inox Wind’s Q2 FY 2025 Financial Performance Best in Eight Years

Wind energy solutions provider Inox Wind (IWL) reported a profit of ₹900 million (~$10.7 million) in the second quarter (Q2) of the financial year (FY) 2024-25, up from...

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REC’s Q2 Revenue Up by 17% to ₹136 Billion, Loan Approvals Fall 27% YoY

Public infrastructure finance company REC Limited recorded a total income of ₹135.95 billion (~$1.62 billion) for the second quarter (Q2) of the financial year (FY)...

October 28, 2024

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Arjun Joshi

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Finance and M&A

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Other
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JSW Energy’s Q2 Net Profit Remains Steady at ₹8.53 Billion

Independent power producer JSW Energy reported a net profit of ₹8.53 billion (~$101.45 million) in the second quarter of the financial year (FY) 2025, nearly unchanged...

October 25, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Vehicle Deliveries, Energy Storage Growth Drive Tesla’s Profit in Q3 2024

U.S.-based electric vehicle and clean energy company Tesla’s revenue for the third quarter (Q3) of 2024 rose 8% year-over-year (YoY) to $25.18 from $23.35 billion on the...

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