Azure Power (AZRE) Reports Q4 Loss of $0.20/Share

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Go back to Azure Power (AZRE) Reports Q4 Loss of $0.20/Share

Azure Power Announces Results for Fiscal Fourth Quarter 2017

June 19, 2017 6:30 AM EDT

EBENE, Mauritius--(BUSINESS WIRE)-- Azure Power Global Limited (NYSE: AZRE), (Azure Power or the Company), one of the leaders in the Indian solar industry, today announced its consolidated results under United States Generally Accepted Accounting Principles (US GAAP) for the fiscal fourth quarter 2017, period ended March 31, 2017.

Fourth Quarter 2017 Period Ended March 31, 2017 Operating Highlights:

Operating & Committed Megawatts were 1,069 MW, as of March 31, 2017, an increase of 31% over March 31, 2016. Revenue for the quarter was INR 1,318 million (US$ 20.3 million), an increase of 72% over the quarter ended March 31, 2016.... More