| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 | Mar-2018 | Mar-2017 |
|---|---|---|---|---|
Profit before tax | 1,485.47 | 2,212.44 | 2,630.26 | 3,207.65 |
Depreciation | -1,204.41 | -958.39 | -861.15 | -683.07 |
Tax paid | -711.61 | -790.74 | -791.89 | 214.81 |
Working capital | -174.78 | 212.33 | 717.04 | 2,397.54 |
Other operating items | ||||
Operating | -605.33 | 675.64 | 1,694.26 | 5,136.93 |
Capital expenditure | 3,692.13 | 9,441.85 | 1,808.04 | 569.71 |
Free cash flow | 3,086.8 | 10,117.49 | 3,502.3 | 5,706.65 |
Equity raised | 21,922.2 | 22,482.07 | 21,315.13 | 20,521.86 |
Investing | 102.59 | 1,098.03 | 0 | 472.25 |
Financing | 2,448.36 | 11,075.98 | 2,674.79 | 4,444.53 |
Dividends paid | 138.66 | 978.97 | 687.85 | 1,121.97 |
Net in cash | 27,698.61 | 45,752.54 | 28,180.07 | 32,267.26 |
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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