Azure Power Records Revenue of $56.7 Million in the First Half of FY 2017-18
November 10, 2017
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Azure Power (NYSE: AZRE) announced its consolidated financial results for the fiscal second quarter 2017, period ending September 30, 2017. The company declared revenue of ₹3,701.7 million (~$56.7 million) for the six months ending September 30, 2017, which is 93 percent more than the six months ending September 30, 2016. The increase in revenue was primarily driven by the commissioning of new projects.