In Short : Reliance Power reported a net profit of ₹42 crore in Q3, marking a return to profitability after previous losses. The turnaround was driven by improved operational efficiency and cost management. Higher power demand and strategic initiatives contributed to revenue growth. The company remains focused on strengthening its financial position and expanding its […]
Inox Wind turns profitable in Q3 on higher revenue; order book stands at 2.6 GW – EQ
In Short : Inox Wind has reported turning profitable in Q3, attributing it to higher revenue. Additionally, the company’s order book stands at 2.6 GW, indicating a healthy pipeline of projects. This financial performance suggests positive growth and a strong position in the renewable energy sector for Inox Wind. In Detail : The government has […]
Vestas Q3 beats forecast on higher turbine prices, easing bottlenecks – EQ
In Short : Vestas, a leading wind turbine manufacturer, reported better-than-expected results for the third quarter of the year. The company’s performance exceeded forecasts due to higher turbine prices and the easing of production bottlenecks. Vestas experienced increased demand for wind energy solutions, reflecting the growing global emphasis on renewable energy sources. These results indicate […]
Cybertrucks Prepare Delivery for Q3; What’s Up with the Change of Look? – EQ Mag
Tesla is scheduled to deliver the anticipated Cybertruck starting from Q3, for which users who have preordered have waited for more than 3 years. However, what has aroused the attention of some people is the somewhat different design of the latest prototype compared to what was announced back then. Cybertruck, during its debut, had generated […]
Shakti Pumps (India) Q3: Net profit falls 23% to Rs 11.25 crore – EQ Mag
Shakti Pumps (India) Ltd on Friday said its December quarter net profit fell by 23 per cent to Rs 11.25 crore on account of increased expenses. The firm had clocked a net profit of Rs 14.78 crore in the year-ago period, it said in a regulatory filing. However, the company’s total revenue from operations rose […]
WoodMac: Biggest US Battery Build-Out Ever in Q3
The U.S. beat its previous battery installation record by 240 percent, a sure sign of things to come. The U.S. energy storage industry smashed its quarterly installation record with an influx of major projects in the third quarter. The industry had just broken records in the second quarter, but it beat that period’s performance by […]
