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fy24

Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23

Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […]

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KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too

Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income.  The audited consolidated financial results of the firm said that while in FY23 it witnessed a total income of […]

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Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits

Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24.   The […]

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IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump

Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […]

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AMO Mobility Plans To Manufacture 30,000 Electric Vehicles By FY24-25

Noida-based AMO Electric Bikes has unveiled a high-speed electric two-wheeler model Jaunty i Pro with Smart BMS, CAN 2.0B protocol, 12-inch tyre, combi braking system, smart speedometer with safety buzzer. Powered by BLDC hub motor which generates 143 N-m torque at 2.95KW and 2.52KW battery and comfortably delivers a satisfying mileage of up to 120km. […]

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Zypp Electric Registers 3 Times Revenue Growth In FY24; Deploys 20k E-Scooters In 2023

Electric Vehicle firm, Zypp Electric has announced that it had a three-times surge in revenue in FY24. The company has deployed an additional fleet of electric scooters across India, Zypp Electric has expanded its presence in six major metropolitan cities of Delhi NCR, Bangalore and Mumbai. According to Zypp Electric, this exponential growth underscores Zypp […]

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Buoyed With Higher Wind Capacity Additions In FY24, Suzlon Sees Bright Days Ahead

Bolstered by the surged capacity additions of wind energy in 2023-24, Indian wind energy firm Suzlon is anticipating higher industry growth in India in the next two financial years. The firm’s top management shared this information during its latest investor call, which was held to discuss the Q3 results of FY24. The latest investors call […]

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Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales

In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […]

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