Azure Power Global Limited (AZRE) Return on Equity ROE from the fourth quarter 2023 to fourth quarter 2022 and annually, average high and low, overall ranking from Mar 31 2023 to Mar 31 2022 - CSIMarket
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Azure Power Global Limited  (NYSE: AZRE)
    Sector • Utilities    Industry • Electric Utilities
   Industry • Electric Utilities
   Sector • Utilities

Azure Power Global Limited's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Azure Power Global Limited in the fourth quarter 2023?
Azure Power Global Limited recorded a cumulative net loss of $-28 million during 12 months ending in the fourth quarter 2023, resulting in a negative return on equity (ROE) of -6.58%.

Within the Electric Utilities industry 48 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 0 to 2690.

What is ROE?




Return On Equity (Mar 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Mar 31 2022)
IV. Quarter
Y / Y Equity Change -17.12 % -17.12 % -17.12 % -17.2 % -
Y / Y Net Income Change - - - - -
Net Income (TTM) in Millions -28 -28 -28 -28 -28
Return On Equity (TTM) -6.58 % -6.14 % -5.85 % -5.59 % -5.35 %
AZRE's Total Ranking # 2690 # 0 # 0 # 0 # 2827
Equity (TTM) in Millions 432 432 432 425 522
Seq. Equity Change 0 % 0 % 1.79 % -18.58 % 0 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 49
Sector # 81
Overall # 2690

Return On Equity Statistics
High Average Low
0.55 %
-7.64 %
-17.25 %
(Mar 31 2019)   (Mar 31 2021)





AZRE Annual Return On Equity (Mar 31 2023)
2023
(Mar 31 2022)
2022
(Mar 31 2021)
2021
(Mar 31 2020)
2020
(Mar 31 2019)
2019
Total Equity in Millions 425 513 332 358 363
Y / Y Equity Change -17.2 % 54.72 % -7.51 % -1.36 % 95.24 %
Net Income in Millions -28 -28 -57 -30 1
Y / Y Net Income Change - - - - -
Return On Equity -6.66 % -5.42 % -17.25 % -8.37 % 0.31 %





More Return On Equity Ratios
Electric Utilities Industry Roe Trends and Statistics
Utilities Sector Return On Equity Statistics
AZRE's' Return on Equity at Yahoo Finance
AZRE's Roe Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for AZRE's Competitors
Subscribers only: Roe for Azure Power Global Limited's Suppliers
Subscribers only: Return On Equity for AZRE's Customers




Companies with similar Return On Equity at Mar 31 2023, within Utilities Sector ROE


Date modified: 2026-09-08T15:11:13+00:00



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