Azure Power Global's EBIT is $8.4B, below the Utilities sector average of $62B.
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+ FollowAs of Mar 31, 2024
Trailing 12 months ending Mar 31, 2024
Azure Power Global (AZRE) currently reports a EBIT of $8.4B as of March 2024. That compares with $2.3B in the prior-year period — up 258.1% year over year. That is below the Utilities sector average of $62B. Use the charts on this page to explore Azure Power Global's EBIT history and peer comparisons.
Azure Power Global's EBIT increased from $2.3B to $8.4B — a 258.1% year-over-year increase (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Azure Power Global's EBIT of $8.4B is lower than the Utilities sector average of $62B. That is roughly 86.5% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Azure Power Global reported $8.4B in EBIT as of March 2024. That compares with $2.3B in the prior-year period — up 258.1% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current EBIT of $8.4B, then check the historical chart for trend and the peer comparison chart for relative positioning. The Utilities average is $62B. From there, open related valuation or income-statement pages for Azure Power Global, and consider following AZRE for alerts when major investors trade the stock.