{"id":33384,"date":"2024-08-20T19:21:45","date_gmt":"2024-08-20T13:51:45","guid":{"rendered":"https:\/\/bizzsight.com\/index.php\/2024\/08\/20\/zodiac-energy-limited-reports-a-184-surge-in-q1-fy25-net-profit\/"},"modified":"2024-08-20T19:21:45","modified_gmt":"2024-08-20T13:51:45","slug":"zodiac-energy-limited-reports-a-184-surge-in-q1-fy25-net-profit","status":"publish","type":"post","link":"https:\/\/bizzsight.com\/index.php\/2024\/08\/20\/zodiac-energy-limited-reports-a-184-surge-in-q1-fy25-net-profit\/","title":{"rendered":"Zodiac Energy Limited Reports a 184% Surge in Q1 FY25 Net Profit"},"content":{"rendered":"<div>\n<div>\n<p>Mumbai (Maharashtra) [India], August 20: Zodiac Energy Limited (NSE: ZODIAC, BSE: 543416), is one of the leading energy solution providers in India with over three decades of experience in power generation. The Company reported its Unaudited financials for Q1 FY25.<\/p>\n<p><strong>Q1 FY25\u00a0Key Financial Highlights<\/strong><\/p>\n<ul>\n<li>Total Income of\u00a0\u20b9\u00a079.59\u00a0Cr, YoY growth of 144.56%<\/li>\n<li>EBITDA of\u00a0\u20b9\u00a04.44\u00a0Cr, YoY growth of\u00a076.68%<\/li>\n<li>Net profit\u00a0of\u00a0\u20b9\u00a02.33\u00a0Cr, YoY growth of\u00a0184.36%<\/li>\n<li>NPM\u00a0(%) of\u00a02.93%, YoY growth of 41\u00a0Bps<\/li>\n<li>EPS of\u00a0\u20b9\u00a01.59, YoY growth of 183.93%<\/li>\n<\/ul>\n<p>Commenting on the performance, Mr Kunj Shah, Chairman and Managing Director of\u00a0Zodiac Energy Limited,\u00a0said,\u201d\u00a0We are pleased to report a period of significant growth and success for our company. Our strategic initiatives and expansion into new markets have driven a notable increase in revenue, demonstrating our ability to deliver value and meet client needs. Our focus on operational efficiency and cost management has led to improved operating\u00a0profits\u00a0and a substantial rise in net profit, highlighting our commitment to optimizing processes and ensuring sustainable profitability.<\/p>\n<p>Additionally,\u00a0the\u00a0Qualified Institutions Placement (QIP) Committee has approved the allotment of 4,35,700 equity shares at\u00a0\u20b9688.50 per share, raising approximately\u00a0\u20b930 crore. This has increased the company\u2019s paid-up equity share capital to\u00a0\u20b915.10 crore. The capital infusion will support expansion into the developer market, including the 26.8 MW solar projects under the PM-KUSUM Scheme, and provide financial flexibility for strategic investments. Notable financial institutions, such as Bank of America and NAV Capital, participated in the QIP, highlighting their confidence in the company\u2019s strategic direction.<\/p>\n<p>Our team remains committed to driving innovation, maintaining our competitive edge, and executing growth strategies to enhance shareholder value as we look forward to future opportunities.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], August 20: Zodiac Energy Limited (NSE: ZODIAC, BSE: 543416), is one of the leading energy solution providers in India with over three decades of experience in power generation. The Company reported its Unaudited financials for Q1 FY25. Q1 FY25\u00a0Key Financial Highlights Total Income of\u00a0\u20b9\u00a079.59\u00a0Cr, YoY growth of 144.56% EBITDA of\u00a0\u20b9\u00a04.44\u00a0Cr, YoY growth [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":33385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[11],"class_list":["post-33384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/posts\/33384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/comments?post=33384"}],"version-history":[{"count":0,"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/posts\/33384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/media\/33385"}],"wp:attachment":[{"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/media?parent=33384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/categories?post=33384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzsight.com\/index.php\/wp-json\/wp\/v2\/tags?post=33384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}