Adani Green Energy Ltd (AGEL) saw its shares decline by nearly 3% after reporting a 38% rise in revenue to ₹2,308 crore for Q2 FY25. However, the company’s EBITDA margin dropped by 430 basis points year-on-year to 72.7%, which weighed on investor sentiment despite a strong 38.8% increase in net profit, reaching ₹515 crore.
As of 9:31 am the shares were trading 2.35% lower at ₹1,644.85 on NSE
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