Azure Power Announces Results for Fiscal Second Quarter 2021

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Azure Power (AZRE) Tops Q2 EPS by 9c, Revenues Beat

November 10, 2020 4:43 PM EST

Azure Power (NYSE: AZRE) reported Q2 EPS of ($0.10), $0.09 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $47.6 million versus the consensus estimate of $44.27 million.

Fiscal Second Quarter 2021 Period Ended September 30, 2020 Operating Highlights:

Operating Megawatts ("MW") were 1,834 MWs, as of September 30, 2020, an increase of 2% over September 30, 2019. Operating and Committed Megawatts were 7,115 MWs, as of September 30, 2020, an increase of 111% over September 30, 2019. Committed... More