Azure Power: Fiscal Q4 Earnings Snapshot
by The Associated Press
Last Updated Jun 15, 2021 at 6:27 pm EDT
NEW DELHI (AP) _ Azure Power Global Ltd. (AZRE) on Tuesday reported a loss of $38.2 million in its fiscal fourth quarter.
On a per-share basis, the New Delhi-based company said it had a loss of 79 cents. Losses, adjusted for asset impairment costs, came to 6 cents per share.
The solar power producer posted revenue of $58.4 million in the period.
For the year, the company reported that its loss widened to $57.3 million, or $1.20 per share. Revenue was reported as $208.3 million.
For the current quarter ending in July, Azure Power said it expects revenue in the range of $56.1 million to $58.8 million.