Electric Utilities company Orient Green Power Company announced Q1FY25 results: Revenue from Operations: Rs 6,344 Lakh (previous quarter: Rs 6,722 Lakh) Other Income: Rs 495 Lakh (previous quarter: Rs 60 Lakh) Total Income: Rs 6,839 Lakh (previous quarter: Rs 6,782 Lakh) EBITDA: Rs 4,577 Lakh (previous quarter: Rs 4,719 Lakh) EBITDA Margin: 67% (previous quarter: 70%) EBIT: Rs 2,508 Lakh (previous quarter: Rs 2,667 Lakh) EBIT Margin: 37% (previous quarter: 39%) Profit Before Tax (PBT): Rs 612 Lakh (previous quarter: Rs 929 Lakh) PBT from Discontinued Operations: Rs 705 Lakh Consolidated PBT: Rs 1,317 Lakh (previous quarter: Rs 929 Lakh) Total Comprehensive Income: Rs 1,266 Lakh (previous quarter: Rs 897 Lakh) Commenting on the performance, Mr.T Shivaraman, Managing Director & CEO, said: “The current quarter is a moderate one in terms of generation. The delayed onset of wind at certain locations resulted in a marginal reduction in our revenues during the quarter as compared to the corresponding previous quarter. However, this is expected to be made up in the upcoming quarters. Without considering the exceptional items, the QoQ Profit before tax improved by 8%. The approval of One Time Settlement (OTS) from the NCLT, Mumbai during the quarter contributed to the profits from discontinued operations. Further, We have received the approvals for raising capital of about Rs 250 crore through a rights issue and the issue is expected to open by 27th of this month, through which we propose to venture into solar energy generation. With the foray into solar energy, improved credit ratings and strong customer base, we expect to create sustainable growth and deliver returns.” Result PDF