AZREF (Azure Power Global) Pre-Tax Income: $-38.8 Mil (TTM As of Mar. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AZREF Azure Power Global Ltd AZREF
12 GF Score
Price $1.00
View Full Analysis

What is Azure Power Global Pre-Tax Income?

Azure Power Global AZREF 12 Pre-Tax Income is $-38.8 Mil as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

Pretax income is the income that a company earns before paying income taxes. Azure Power Global's pretax income for the six months ended in Mar. 2024 was $-38.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-38.8 Mil. Azure Power Global's pretax margin was -15.12%.


Azure Power Global  (OTCPK:AZREF) Pre-Tax Income Explanation

Azure Power Global's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-38.797/256.645
=-15.12%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Azure Power Global Pre-Tax Income Related Terms


Azure Power Global Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Azure Power Global's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Azure Power Global Pre-Tax Income Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.79 -53.63 -10.63 4.15 -38.80

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -24.79 -53.63 -10.63 4.15 -38.80

AZREF vs SAFX, VGAS, STEM: Pre-Tax Income Comparison

For the Utilities - Renewable subindustry, Azure Power Global's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Azure Power Global Pre-Tax Income vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Azure Power Global's Pre-Tax Income falls into.


AZREF
12GF Score
Azure Power Global Ltd AZREF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azure Power Global Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Azure Power Global's Pretax Income for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=101.094+-7.022+-143.337+22.332+-11.864
=-38.8

Azure Power Global's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=101.094+-7.022+-143.337+22.332+-11.864
=-38.8

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-38.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-38.8 Mil mean?
Azure Power Global (AZREF) has a Pre-Tax Income of $-38.8 Mil as of Mar. 2024. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Azure Power Global and its competitors.
Is Azure Power Global's Pre-Tax Income too high?
Azure Power Global's current Pre-Tax Income is $-38.8 Mil. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's Pre-Tax Income compare to SAFX and VGAS?
Azure Power Global's Pre-Tax Income of $-38.8 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Utilities - Independent Power Producers company?
A good Pre-Tax Income depends on the Utilities - Independent Power Producers industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Azure Power Global and its competitors. Azure Power Global's current Pre-Tax Income is $-38.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current Pre-Tax Income of $-38.8 Mil. The current Pre-Tax Income is $-38.8 Mil. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Azure Power Global (AZREF), the current Pre-Tax Income is $-38.8 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
12GF Score

Get the complete analysis for AZREF

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.00
Price