Adani Green Energy Q3: Swings to Loss Despite Revenue, EBITDA Surge

• Adani Green Energy reported a Q3 loss of ₹41 crore, a significant shift from ₹492 crore profit last year.
• Revenue surged to ₹2,201 crore from ₹1,697 crore YoY, indicating strong top-line growth.
• EBITDA increased sharply from ₹1,237 crore to ₹1,824 crore, showcasing improved operational performance.
• EBITDA margin expanded from 72.9% to 82.9%, reflecting enhanced asset utilization and efficiency.
• Shares traded down 2.36% at ₹793.40 on NSE, with market capitalization at ₹1,62,960 crore.

Why It Matters: Adani Green Energy posted a Q3 loss due to higher costs, but saw strong revenue and EBITDA growth.