Azure Power: Fiscal 1Q Earnings Snapshot
NEW DELHI (AP) _ Azure Power Global Ltd. (AZRE) on Monday reported fiscal first-quarter net income of $1.4 million.
The New Delhi-based company said it had profit of 3 cents per share.
The solar power producer posted revenue of $49.2 million in the period.
Azure Power expects full-year revenue in the range of $185 million to $194 million.
Azure Power shares have increased 15% since the beginning of the year. The stock has declined 35% in the last 12 months.