q3

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Alpex Solar Posts 423% YoY Profit Increase in Q3, Expands Module Capacity  

Greater Noida-based solar module manufacturer Alpex Solar reported a 137.22% year-over-year (YoY) increase in revenue to ₹1.88 billion (~$21.62 million) in the third...

February 21, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Borosil Hurt by Cheaper Chinese Solar Glass, Loss Widens in Q3 FY 2025

Borosil Renewables reported a net loss of ₹300.7 Million (~$3.46 million) in the third quarter (Q3) of the financial year (FY) 2025, from a loss of ₹158.9 million (~$1....

February 19, 2025

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Staff

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Finance and M&A

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Other
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Tata Power Sustains Growth Momentum, PAT Up 10% YoY in Q3 FY 2025

Integrated power company Tata Power has reported a ₹11.88 billion (~$136.4 million) profit after tax (PAT) in the third quarter (Q3) of the financial year (FY) 2025, a...

February 6, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Torrent’s Q3 Profit Up 31% on Higher Merchant Sales and Power Demand

Gujarat-based power company Torrent Power recorded a profit after tax (PAT) of ₹4.89 billion (~$55.9 million) for the third quarter (Q3) of the financial year (FY) 2025,...

February 5, 2025

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Tina Freese

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Finance and M&A

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Other

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Renewable Energy
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Module Sales Drive Waaree Energies’ Profit Up 260% in Q3 FY 2025

Waaree Energies’ net profit for the third quarter (Q3) of the financial year (FY) 2024-25 rose 260% to ₹5.07 billion (~$58.54 million) from ₹1.41 billion (~$16.28...

February 3, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Nextracker Beats Earnings Estimates in Q3 FY25, Raises 2025 Profit Outlook

U.S.-based solar tracker firm Nextracker has reported a net profit of $115.28 million in the third quarter (Q3) of the financial year (FY) 2025, a 178.48% year-over-year...

January 31, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Adani Green’s Q3 Profits Jump 84%, Operational Capacity Up 37%

Renewable energy company Adani Green Energy (AGEL) reported an 84.07% year-over-year (YoY) growth in net profit for the third quarter (Q3) of the financial year (FY)...

January 24, 2025

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Melvin Mathew

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Uncategorized
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IREDA’s Q3 Profits Record a 27% YoY Increase

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a profit after tax of ₹4.25 billion (~$49.52 million) during the third quarter...

January 10, 2025

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Tina Freese

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Other

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Renewable Energy
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India Adds an Unprecedented 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year (YoY) increase from 6.2 GW in 9M 2023, according to Mercom India...

November 21, 2024

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Arjun Joshi

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Markets & Policy

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Mercom Research Focus

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Solar
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Adani Green Registers 47% YoY Increase in Cash Profits in 9M 2022

Renewable energy company Adani Green Energy (AGEL) has generated ₹26.55 billion (~$355.04 million) as revenue from power supply in the first nine months (9M) of the...

February 3, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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Carbon Credits Supplier EKI Energy Posts Revenue of ₹13.25 Billion in 9M FY 2022

EKI Energy Sevices, a supplier of carbon credits, announced its results for the nine months (9M) and the third quarter (Q3) ending December 31 for the financial year...

January 20, 2022

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Rakesh Ranjan

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Other

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Other Energy
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Azure Power Posts 15.6% Rise in Revenue in Q3 FY 2021 Due to Higher Operational Capacity

Azure Power posted a 15.6% rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) on the back of an increase in its operational capacity. The...

February 11, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Energy Limited (AGEL) reported a 61% rise in total income in Q3 2021 compared to the same quarter the previous year. During the quarter, AGEL earned ₹8.43...

February 4, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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Germany’s Solar Installations up 34% Year-over-Year in Third Quarter of 2020

Germany added about 1.22 GW of new solar photovoltaic (PV) installations in the third quarter of 2020 (Q3 2020), a 34% increase from the same quarter last year,...

November 4, 2020

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Nithin Thomas

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Markets & Policy

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Solar
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Solar Inverter Supplier Ginlong Reports 82% Jump in Revenue During Q3 2019

String solar inverter supplier, Ginlong Technologies, has reported revenues of $52 million in the third quarter (Q3) of the calendar year 2019 compared to Q3 2018. This...

November 5, 2019

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shaurya

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Markets & Policy

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Solar

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