Azure Power Announces Results for Fiscal Third Quarter 2018
Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter ended December 31, 2017.
February 15, 2018. By Moulin
Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter ended December 31, 2017.
Third Quarter 2018 Period Ended December 31, 2017 Operating Highlights:
- Operating Megawatts were 805 MW, as of December 31, 2017, an increase of 57% over December 31, 2016.
- Operating & Committed Megawatts were 1,580 MW, as of December 31, 2017, an increase of 48% over December 31, 2016.
- Revenue for the quarter was INR 1,739.9 million (US$27.3 million), an increase of 83% over the quarter ended December 31, 2016.
- Adjusted EBITDA for the quarter was INR 1,226.9 million (US$19.2 million), an increase of 76% over the quarter ended December 31, 2016.
please contact: contact@energetica-india.net.
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