Orient Green Power
Orient Green Power dec quarter net profit rises 55% to nearly Rs 10 crore
Orient Green Power Company Ltd (OGPL) on Monday posted a 55 per cent rise in its consolidated net profit at Rs 9.74 crore in the quarter ended December 2022. The company's consolidated net profit stood at Rs 6.28 crore in the year-ago period, according to a regulatory filing. However, total income was at Rs 57.33 crore during the October-December quarter, as against Rs 63.30 crore a year ago. Total expenses were Rs 65.78 crore during the quarter under review as compared to Rs 75.68 crore in the corresponding period of the previous year. "Our efforts to reduce the expenses and service the debt on time resulted in improved rating of our SPVs (special purpose vehicles) and reduction in finance costs," T Shivaraman, company's Managing Director and CEO, said in a statement. In addition, the Late Payment Surcharge (LPS) scheme introduced by the ministry of power helped in realising the long pending dues from state-owned discoms, he noted. With improving cash flows, "we are exploring th
 "Orient Green Power dec quarter net profit rises 55% to nearly Rs 10 crore")
Orient Green's Q3 loss narrows to Rs 70 cr
Year-ago loss was Rs 102 cr; firm to use proceeds from sale of unviable units to pare debt
 "Orient Green's Q3 loss narrows to Rs 70 cr")
Orient Green Power net loss narrows to Rs 22.64 crore
The net loss of Orient Green Power Company for the quarter ended June falls to Rs 22.64 crore, compared with a net loss of Rs 53.8 crore during the corresponding quarter of the previous financial year.
Orient Green Power loss narrows to Rs 23 cr in Apr-Jun qtr
Orient Green Power's consolidated loss narrowed to Rs 22.7 crore in the first quarter ended June, compared to nearly Rs 54 crore in the year-ago period.
