Azure Power Global (AZRE) has a profit margin of -15.7%, below the Utilities sector average of 12.16%.
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+ FollowAs of Mar 2024
Trailing 12 months ending Mar 2024
As of the most recent data (March 2024), AZRE shows a profit margin of -15.7%. That compares with -21.32% in the prior-year period — up 26.4% year over year. That is below the Utilities sector average of 12.16%. Scroll down for historical charts and peer comparison views.
Compared with the year-ago period, AZRE's profit margin is now -15.7% (was -21.32%) — a 26.4% year-over-year increase. Pairing that YoY change with peer averages gives a clearer picture of whether Azure Power Global is outperforming or lagging.
The Utilities sector average profit margin is about 12.16%. Azure Power Global is at -15.7%, which is lower that average. That is roughly 229.1% below the sector mean. Use the comparison chart on this page to see how AZRE stacks up against individual peers as well.
That compares with -21.32% in the prior-year period — up 26.4% year over year. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Azure Power Global with peers to see if the move is company-specific or sector-wide.
Besides this profit margin page, Stockcircle has Azure Power Global's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect profit margin (currently -15.7%) with ownership activity and broader fundamentals.