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Azure Power Global Limited

AZREFPNK
Utilities
Renewable Utilities
$0.20
$0.05(33.33%)

Azure Power Global Limited (AZREF) Financial Performance & Income Statement Overview

Access detailed quarterly and annual financial reports for Azure Power Global Limited (AZREF), covering cash flow, earnings, and balance sheets.

Revenue Growth
2.69%
2.69%
Operating Income Growth
-12.12%
12.12%
Net Income Growth
-46.39%
46.39%
Operating Cash Flow Growth
-57.97%
57.97%
Operating Margin
36.47%
36.47%
Gross Margin
91.003%
91.003%
Net Profit Margin
-15.70%
15.70%
ROE
-9.97%
9.97%
ROIC
6.25%
6.25%

Azure Power Global Limited (AZREF) Income Statement & Financial Overview

Review Azure Power Global Limited AZREF income statement with detailed quarterly and annual figures.

MetricQ4 2024Q3 2024Q2 2024Q1 2024
Revenue$5.05B$5.05B$5.60B$5.60B
Cost of Revenue$505.00M$505.00M$453.50M$453.50M
Gross Profit$4.55B$4.55B$5.15B$5.15B
Gross Profit Ratio$0.90$0.90$0.92$0.92
R&D Expenses$0.00$0.00$0.00$0.00
SG&A Expenses$1.81B$1.81B$1.38B$1.38B
Operating Expenses$2.94B$2.94B$2.87B$2.87B
Total Costs & Expenses$3.45B$3.45B$3.32B$3.32B
Interest Income$0.00$0.00$2.61B$2.61B
Interest Expense$0.00$0.00$0.00$0.00
Depreciation & Amortization$1.18B$1.18B$1.17B$1.17B
EBITDA$2.76B$2.76B$3.79B$3.79B
EBITDA Ratio$0.55$0.55$0.68$0.68
Operating Income$1.61B$1.61B$2.28B$2.62B
Operating Income Ratio$0.32$0.32$0.41$0.47
Other Income/Expenses (Net)-$2.89B-$2.89B-$2.61B-$2.61B
Income Before Tax-$1.28B-$1.28B-$327.00M-$327.00M
Income Before Tax Ratio-$0.25-$0.25-$0.06-$0.06
Income Tax Expense$78.50M$78.50M$169.50M$169.50M
Net Income-$1.16B-$1.16B-$508.50M-$508.50M
Net Income Ratio-$0.23-$0.23-$0.09-$0.09
EPS-$18.14-$18.14-$7.93-$7.93
Diluted EPS-$18.14-$18.14-$7.92-$7.92
Weighted Avg Shares Outstanding$64.17M$64.17M$64.16M$64.16M
Weighted Avg Shares Outstanding (Diluted)$64.17M$64.17M$64.17M$64.17M

Over the past four quarters, Azure Power Global Limited demonstrated steady revenue growth, increasing from $5.60B in Q1 2024 to $5.05B in Q4 2024. Operating income reached $1.61B in Q4 2024, maintaining a consistent 32% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $2.76B, reflecting operational efficiency. Net income rose to -$1.16B, with EPS at -$18.14. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.

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