Orient Green Power Sees Decline in Quarterly Profit Amid Income Rise

Orient Green Power Ltd reported an 11% decline in net profit to Rs 66.46 crore for the July-September quarter of 2024-25. Despite the profit drop, the company's total income increased to Rs 126.13 crore, up from Rs 124.10 crore in the same period last year.


Devdiscourse News Desk | New Delhi | Updated: 11-11-2024 15:37 IST | Created: 11-11-2024 15:37 IST
Orient Green Power Sees Decline in Quarterly Profit Amid Income Rise
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Orient Green Power Ltd experienced an 11% decrease in consolidated net profit, recording Rs 66.46 crore for the July-September quarter of fiscal year 2024-25. This is a drop from Rs 75 crore in the same period of the previous year.

Despite the decline in profits, the renewable power company's overall income grew to Rs 126.13 crore, compared to Rs 124.10 crore during the July-September phase of the prior fiscal year.

Orient Green Power Ltd, known for its role as an independent renewable power producer, continues to adapt amidst fluctuating financial outcomes.

(With inputs from agencies.)

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