Orient Green Power Q3 results: Company posts Rs 6.28 cr net profit, total income up Rs 82.54 cr

Orient Green Power Q3 results: Company posts Rs 6.28 cr net profit, total income up Rs 82.54 cr

AgenciesUpdated: Wednesday, January 19, 2022, 03:27 PM IST
article-image
Orient Green Power Company stated that the total income during October-December 2021 surged to Rs 82.54 crore, |

Orient Green Power Company Ltd reported a consolidated net profit of Rs 6.28 crore for the third quarter ended December 2021 quarter, on the back of higher revenues.

The company stated that it had reported a consolidated net loss of Rs 21.42 crore for the quarter ended December 31, 2020.

The company's total income during October-December 2021 rose to Rs 82.54 crore, as against Rs 53 crore in the year-ago period.

The resumption of REC renewable energy certificates trading during November 2021 resulted in an increased cash inflow of Rs 42 crore during the quarter, stated the company's Vice-Chairman T Shivaraman.

(With inputs from PTI)

RECENT STORIES

Amitabh Kant Joins IndiGo As Non-Executive Director 3 Weeks After Resigning As G20 Sherpa

Amitabh Kant Joins IndiGo As Non-Executive Director 3 Weeks After Resigning As G20 Sherpa

Flyers With Credit Cards Can Now Access Adani Airport Lounges Without Extra Registration

Flyers With Credit Cards Can Now Access Adani Airport Lounges Without Extra Registration

Gold Jumps ₹450 To ₹99,620/10 Grams; Silver Rallies ₹1,000

Gold Jumps ₹450 To ₹99,620/10 Grams; Silver Rallies ₹1,000

Tech Layoffs in 2025: Microsoft, Google, Intel, Infosys Reduce Workforce

Tech Layoffs in 2025: Microsoft, Google, Intel, Infosys Reduce Workforce

India May Be Subject To Lower US Tariffs Compared To APAC Nations: Moody's

India May Be Subject To Lower US Tariffs Compared To APAC Nations: Moody's