| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 | Mar-2018 | Mar-2017 |
|---|---|---|---|---|
Revenue | 7,249.63 | 7,916.3 | 8,496.2 | 8,652.59 |
yoy growth (%) | -8.42 | -6.82 | -1.8 | 31.71 |
Raw materials | 54.47 | -81.99 | -67.44 | 436.71 |
As % of sales | 0.75 | 1.03 | 0.79 | 5.04 |
Employee costs | -2,688.36 | -2,804.7 | -3,081.96 | -2,294.54 |
As % of sales | 37.08 | 35.42 | 36.27 | 26.51 |
Other costs | -2,662.11 | -2,255.38 | -2,237.26 | -3,409.55 |
As % of sales (Other Cost) | 36.72 | 28.49 | 26.33 | 39.4 |
Operating profit | 1,953.63 | 2,774.23 | 3,109.54 | 3,385.21 |
OPM | 26.94 | 35.04 | 36.59 | 39.12 |
Depreciation | -1,204.41 | -958.39 | -861.15 | -683.07 |
Interest expense | -980.63 | -820.38 | -204.98 | -169.06 |
Other income | 1,716.88 | 1,216.98 | 586.85 | 674.57 |
Profit before tax | 1,485.47 | 2,212.44 | 2,630.26 | 3,207.65 |
Taxes | -711.61 | -790.74 | -791.89 | 214.81 |
Tax rate | -47.9 | -35.74 | -30.1 | 6.69 |
Minorities and other | 0 | 0 | 0 | 0 |
Adj. profit | 773.86 | 1,421.7 | 1,838.37 | 3,422.46 |
Exceptional items | 267.93 | -7.85 | 10.41 | -1,053.65 |
Net profit | 1,041.79 | 1,413.85 | 1,848.78 | 2,368.81 |
yoy growth (%) | -26.31 | -23.52 | -21.95 | 938.95 |
NPM | 14.37 | 17.85 | 21.76 | 27.37 |
The agreement was inked during the Gujarat Regional Conference for the development of large-scale renewable energy projects in the state.
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It is to be executed in one or more tranches through a public offer, subject to necessary regulatory and statutory approvals.
The joint venture agreement follows a memorandum of understanding that the two entities had signed earlier on September 8, 2025.
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On August 26, 2025, the business received the commissioning certificate from the Rajasthan Renewable Energy Corporation Limited.
Revenue from operations rose 13.2% YoY to ₹3,826 crore. This surge is up from ₹3,378 crore in the corresponding quarter of the previous fiscal.
The project will involve setting up a 450 MW hybrid power facility, combining both wind and solar energy sources, and will be connected to the interstate transmission system (ISTS).|
As per the terms of agreement, MAHAPREIT will support the acquisition of land and power evacuation infrastructure.
Earlier in May, the public sector enterprise entered into a power purchase agreement. It was for an 810 MW solar project in Rajasthan.
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