Adani Green, NDTV to report fourth quarter results today.

Adani Green Energy and NDTV, two entities of the embattled Adani Group, are set to report their fourth quarter earnings today amid ongoing investigations by market regulator Sebi following the Hindenburg report.

Adani Green, the renewables arm of the Adani Group, said its total operational capacity increased by 49% YoY to 8,086 MW at the end of March quarter.

The sale of energy jumped by 58% YoY at 14,880 million units in FY23 as against 9,426 million units in FY22 The solar portfolio CUF stood at 24.7% with 90 bps improvement YoY backed by 99.6% plant availability.


The Wind portfolio CUF was at 25.2% with 560 bps reduction YoY for the fiscal year. The reduction is primarily due to one-off disruption in transmission line (force majeure) for a 150 MW plant at Gujarat, which has now been restored fully.

Meanwhile, hybrid portfolio CUF came in at 35.5% backed by 99.1% plant availability and realized 3.9 million carbon credits in FY23.


For the recent December quarter, Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore, rising 110%, compared with Rs 49 crore in the year-ago period.

Total income for the third quarter jumped 53% to Rs 2,258 crore in the third quarter as against Rs 1,471 crore in the corresponding quarter of last year.

Segment-wise, revenue from power supply increased 29% to Rs 1,260 crore against Rs 973 crore in the same quarter last year. Further, revenue from sales of goods and related services rose 47% year-on-year (YoY) to Rs 699 crore.

Shares of Adani Green closed 3.81% higher on Friday at Rs 952 apiece on NSE. The market is closed on Monday on account of Maharashtra Day.

Meanwhile, NDTV, which the conglomerate has recently acquired,reported a 31% increase in its consolidated net profit to Rs 29.87 crore.

Its revenue from operations was up 9.94 per cent to Rs 116.36 crore during the December quarter.

NDTV shares closed nearly 5% higher on Friday at Rs 190 on NSE.