On a sequential basis, the profit was down 41% from Rs 256 crore reported in the October-December quarter.
The revenue from operations were down at Rs 1,941 crore in the reporting quarter from Rs 2,119 in Q4FY23, translating into a fall of 8.4% YoY. On a quarter-on-quarter (QoQ) basis, revenue jumped 10% over Rs 1,765 posted in Q3FY24.
For the full financial year, the consolidated revenue was at Rs 7,735 crore, up 33% YoY jump while the Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) grew 30% to Rs 7,222 crore.
Cash profit was up by 25% YoY at Rs 3,986 crore while the run-rate EBITDA stood at Rs 10,462 crore with Net Debt to Run-rate EBITDA at 4.0x as of March 31, 2024, as compared to 5.4x in the previous year.Operational capacity increased by 35% YoY to 10.9 GW with greenfield addition of 2.8 GW which accounts for 15% of India’s total RE capacity addition in FY24, the company filing claimed. AGEL also deployed 2 GW of 30 GW under construction at Khavda, Gujarat which it said was the world’s largest RE project.Sale of energy increased by 47% YoY at 21,806 million units in FY24 with consistent high solar portfolio CUF (Capacity Utilisation Factor) at 24.5%. The wind portfolio CUF was reported at 29.4% with 420 bps improvement YoY while hybrid portfolio CUF was at 40.7% with 520 bps improvement YoY.
