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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Adani Green reports higher quarterly profit on strong pow...
2026-04-24 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Adani Green Energy reported an over 34% ​jump in its fourth-quarter ‌profit on Friday, driven by higher ​power sales and ⁠increased capacity utilisation.

* The green energy arm of billionaire Gautam Adani's ‌group posted a consolidated profit of ₹3420 crore billion ‌rupees ($362.8 million) for the quarter ‌ended ⁠March 31, up from ⁠₹3830 crore a year ago.

* India is aggressively expanding renewable energy ​to meet its ‌climate goals, including a target of 500 gigawatts of non-fossil capacity by 2030.

* This ‌has been benefitting Adani ​Green, which is seen as a bellwether for the ⁠sector.

* The company's revenue from power supply increased 16% ‌to 30.94 billion rupees, while energy sales jumped 34%.

* Its mainstay power supply unit also posted a 20% climb in its earnings ‌before interest, tax, depreciation, and amortization to ​29.44 billion rupees with margins unchanged at 91%.

* ⁠Overall revenue climbed nearly 14% ⁠to 37.37 billion rupees.

* Adani Green's operational capacity rose ‌35% during the fiscal year.

Published on April 24, 2026