(10 second reading) Adani Green Energy Ltd on May 3 reported 39% drop in consolidated net profit at Rs 310 crore for the quarter ended March 31, 2024. It reported consolidated net profit of Rs 507 crore in the year-ago period.

The Adani Group firm’s revenue fell 6% to Rs 2,806 crore in Q4FY24 as against Rs 2,977 crore in Q4FY23.

At 1420 on May 3, the firm’s shares were trading 1% lower at Rs 1,772.25 apiece.