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.
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(With inputs from PTI)
