Azure Power Global Profit Margin

Azure Power Global's profit margin stands at -15.7% as of March 2024. That compares with -21.32% in the prior-year period — up 26.4% year over year. That is below the Utilities sector average of 13.05%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Azure Power Global reported -15.7% in profit margin versus -21.32% a year earlier — a 26.4% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Azure Power Global sits lower the Utilities benchmark (13.05%) with a profit margin of -15.7%. That is roughly 220.3% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A profit margin of -15.7% for Azure Power Global means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how Azure Power Global's profit margin evolved across reporting periods, while the comparison chart places AZRE next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.