Adani Green Energy Ltd. (AGEL) saw its shares fall by 2.05%, with the stock price closing at ₹1,650.00, down from the previous close of ₹1,684.45 on October 23, 2024. This resulted in a market capitalization loss of approximately ₹5,365 crore, bringing the total market cap to ₹2,61,365.36 crore.
Adani Green Energy Q2 FY25 Performance
AGEL reported a 38% year-on-year (YoY) increase in revenue for Q2 FY25, reaching ₹2,308 crore. However, despite the strong revenue growth, the company’s EBITDA margin contracted by 430 basis points to 72.7%, down from the previous year’s figure, which negatively impacted investor sentiment. Net profit grew by 38.8%, rising to ₹515 crore.
Key Financial Highlights
- Revenue: ₹2,308 crore (38% YoY growth)
- EBITDA Margin: Declined by 430 basis points to 72.7% YoY
- Net Profit: ₹515 crore (38.8% YoY increase)
- Stock Price: Fell 2.05%, from ₹1,684.45 to ₹1,650.00
- Market Cap: Decreased by ₹5,365 crore to ₹2,61,365.36 crore
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