Orient Green Power Company Ltd News
Orient Green Power Q2FY25 results: Net profit falls 11% to Rs 66.46 cr
Orient Green Power Ltd on Monday reported an 11 per cent decline in consolidated net profit to Rs 66.46 crore for the July-September quarter of 2024-25 compared to Rs 75 crore profit in the year-ago period. The company's total income rose to Rs 126.13 crore in the second quarter of FY25 from Rs 124.10 crore in the July-September period last fiscal, the company said in a statement. Orient Green Power is an independent renewable power producer.
 "Orient Green Power Q2FY25 results: Net profit falls 11% to Rs 66.46 cr")
Orient Green Power Q1 results: Net profit jumps over 40% to Rs 13 cr
Orient Green Power Company on Wednesday posted over 40 per cent rise in its consolidated net profit to Rs 13.05 crore in the June 2024 quarter. The company reported a consolidated net profit of Rs 9.29 crore in the quarter ended on June 30, a BSE filing showed. Its total income rose to Rs 68.39 crore in the quarter from Rs 67.82 crore a year ago. Orient Green Power Managing Director and CEO T Shivaraman, in a statement, said the current quarter is a moderate one in terms of generation. The delayed onset of wind at certain locations resulted in a marginal year-on-year reduction in revenues during the quarter. However, he further stated that this is expected to be made up in the upcoming quarters. The approval of One Time Settlement (OTS) from the NCLT, Mumbai during the quarter contributed to the profits from discontinued operations, Shivaraman said. "We have received the approvals for raising capital of about Rs 250 crore through a rights issue, and the issue is expected to open
