 "Apollo Green Energy posts ₹44.36 cr profit, recommends 15% dividend")
Apollo Green Energy on Thursday posted a net profit of Rs 44.36 crore in the 2024-25 financial year.
The company had posted a net profit of Rs 29.57 crore 2023-24.
According to a company statement, its revenue stood at Rs 1,171 crore in 2023-24 compared to Rs Rs 726.16 crore in 2024-25.
The company recommended a 15 per cent dividend for shareholders for FY25, it said.
With over 400 MW of solar capacity under its portfolio across multiple states, the company is targeting an EPC order book of 1 GW by 2026.
Apollo Green Energy Chairman & Managing Director Raaja Kanwar said in the statement, "We are focusing on expanding our EPC pipeline and increasing our presence in emerging areas like IPP and energy storage." With a growing order book of over Rs 3,000 crore, it stated that Apollo Green is positioning itself as a reliable player in India's clean energy space.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app