Azure Power Global Limited Revenue Growth Rates (AZRE), Current and Historic Growth - CSIMarket
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Azure Power Global Limited  (NYSE: AZRE)
    Sector • Utilities    Industry • Electric Utilities
   Industry • Electric Utilities
   Sector • Utilities
 

AZRE's Revenue Growth by Quarter and Year

Azure Power Global Limited's Revenue results by quarter and year




AZRE Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
4th Quarter December 252.40
3rd Quarter September 0.00
2nd Quarter June 0.00
1st Quarter March 0.00
FY 252.40

AZREs Annual Revenue
Azure Power Global Limited's Revenue in the fiscal year 2023 $ 252.40 millions
Azure Power Global Limited's Revenue in the fiscal year 2022 $ 241.70 millions
Azure Power Global Limited's Revenue in the fiscal year 2021 $ 208.30 millions
Azure Power Global Limited's Revenue in the fiscal year 2020 $ 171.90 millions
Azure Power Global Limited's Revenue in the fiscal year 2019 $ 143.53 millions




AZRE Revenue fourth quarter 2023 Y/Y Growth Comment
Azure Power Global Limited reported Revenue growth of 4.43% year on year in the fourth quarter 2023, to $ 252.40 millions, this is lower than Azure Power Global Limited's recent average Revenue improvement of 27.69%.
This represents worst decline in recent Company history.

Looking into fourth quarter 2023 results within Electric Utilities industry 15 other companies have achieved higher Revenue growth. While Azure Power Global Limited' s Revenue increase of 4.43% ranks overall at the positon no. 1155 in the fourth quarter 2023.




AZRE Revenue ( Y/Y Growth %) 2023
2022 2021 2020
4th Quarter December 4.43 % 16.03 % 21.18 % 19.77 %
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY   4.43 % 16.03 % 21.18 % -

Financial Statements
Azure Power Global Limited's fourth quarter 2023 Revenue $ 252.40 millions AZRE's Income Statement
Azure Power Global Limited's fourth quarter 2022 Revenue $ 241.70 millions Quarterly AZRE's Income Statement


AZRE Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
4th Quarter December - - - -
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY (Year on Year)   4.43 % 16.03 % 21.18 % -




Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #16
Utilities Sector #40
Overall #1155

Revenue Y/Y Growth Statistics
High Average Low
83.36 % 27.69 % 4.43 %
(Mar 31 2018)   (Mar 31 2023)
Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #16
Utilities Sector #40
Overall #1155
Revenue Y/Y Growth Statistics
High Average Low
83.36 % 27.69 % 4.43 %
(Mar 31 2018)   (Mar 31 2023)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Azure Power Global Limited's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


AZRE's IV. Quarter Q/Q Revenue Comment


Revenue Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #
Utilities Sector #
Overall #
Revenue Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #
Utilities Sector #
Overall #
Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


AZRE's IV. Quarter Q/Q Revenue Comment


Azure Power Global Limited's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Mar 31 2023)
12 Months Ending
(Mar 31 2022)
12 Months Ending
(Mar 31 2021)
12 Months Ending
(Mar 31 2020)
12 Months Ending
(Mar 31 2019)
Cumulative Revenue 12 Months Ending $ 252.40 $ 241.70 $ 208.30 $ 171.90 $ 143.53
Y / Y Revenue Growth (TTM) 4.43 % 16.03 % 21.18 % 19.77 % 21.35 %
Year on Year Revenue Growth Overall Ranking # 1155 # 0 # 0 # 0 # 467
Seqeuential Revenue Change (TTM) 4.43 % 16.03 % 21.18 % 19.77 % 21.35 %
Seq. Revenue Growth (TTM) Overall Ranking # 1153 # 0 # 0 # 0 # 467


Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Mar 31 2023 period, Azure Power Global Limited's cumulative twelve months Revenue were $ 252 millions, company would post below average annual Revenue growth of 21.35% year on year, if the fiscal year would end at Mar 31 2023.
A slow-down in the Azure Power Global Limited's Revenue growth from the 0% growth in Mar 31 2022.

In the Utilities sector 39 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 1155.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 16
Utilities Sector # 40
Overall # 1155

Revenue TTM Y/Y Growth Statistics
High Average Low
83.36 %
27.69 %
4.43 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 40
S&P 500 # 1153
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Mar 31 2023 period, Azure Power Global Limited's cumulative twelve months Revenue were $ 252 millions, company would post below average annual Revenue growth of 4.43% year on year, if the fiscal year would end at Mar 31 2023.
A slow-down in the Azure Power Global Limited's Revenue growth from the 0% growth in Mar 31 2022.

In the Utilities sector 39 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 1155.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 16
Utilities Sector # 40
Overall # 1155

Revenue TTM Y/Y Growth Statistics
High Average Low
83.36 %
27.69 %
4.43 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 40
S&P 500 # 1153




Other Revenue Growth
Electric Utilities Industry Revenue Growth Trends and Statistics
Utilities Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
AZRE's Revenue Growth Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue increase for the quarter ending Mar 31 2023 within Utilities SectorY/Y Change %Revenue for the quarter ending Mar 31 2023
Antero Midstream Corporation7.71%$ 7.707 millions
Enterprise Products Partners L p 7.12%$ 7.121 millions
Energy Co Of Minas Gerais6.93%$ 6.926 millions
Avangrid Inc 5.75%$ 5.746 millions
Portland General Electric Company5.53%$ 5.531 millions
Itc Holdings Corp 5.16%$ 5.163 millions
Brookfield Renewable Corporation5.00%$ 5.003 millions
Azure Power Global Limited4.43%$ 4.427 millions
Fortis Inc 4.29%$ 4.292 millions
Otter Tail Corporation4.28%$ 4.281 millions
Oneok Inc 4.03%$ 4.034 millions
Duke Energy Corporation3.28%$ 3.279 millions
Puget Energy Inc2.95%$ 2.949 millions


About Azure Power Global Limited Revenue Growth Rates (AZRE), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Azure Power Global Ltd (CIK 1633438).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001174947-24-000443
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Azure Power Global Ltd’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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