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AZRE - Azure Power EPS misses by $0.13 misses on revenue
Azure Power Global Limited Equity Shares
Azure Power (AZRE): FQ3 GAAP EPS of -$0.31 misses by $0.13.Revenue of $48.2M (+13.0% Y/Y) misses by $0.5M.4Q21, company expects revenues of between INR 4,335– INR 4,435 million (or US$ 59M– US$ 61M) and a PLF of between 22.0% and 23.0%.FY22, company expects MWs operational to be between 2,900 – 3,115; and revenues of between INR 17,900 – 18,900 million (or US$ 245M – 259M)Press Release