Azure Power (AZRE) Tops Q1 EPS by 5c

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Azure Power Announces Results for Fiscal First Quarter 2019

August 8, 2018 4:30 PM EDT

EBENE, Mauritius--(BUSINESS WIRE)-- Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles (GAAP) for the first quarter ended June 30, 2018.

First Quarter 2019 Period Ended June 30, 2018 Operating Highlights:

Operating Megawatts were 1,011 MW, as of June 30, 2018, an increase of 31% over June 30, 2017. Operating & Committed Megawatts were 2,141 MW, as of June 30, 2018, an increase of 100% over June 30, 2017. Revenue for the quarter was INR 2,422.5 million (US$35.4 million), an increase of 29%... More