Azure Power Global Limited provided operation and revenue guidance for the fourth quarter and full year of fiscal year ending March 31, 2022 and fiscal year ending March 31, 2023. For the fourth quarter, the company expects revenues of between INR 5,100 to INR 5,200 million and a PLF of between 22.5% and 23.5%.

For the fiscal year ending March 31, 2022, they expect MWs operational to be between 2,855 - 2,955, excluding the rooftop portfolio, for which they have entered into an agreement to sell during the current period. For fiscal year ending March 31, 2022, they expect revenues will be marginally above the lower end of the previously provided annual guidance range.

For the fiscal year ending March 31, 2023, they expect revenues of between INR 22,000 - INR 23,000 million. As of the date of
this announcement, they do not expect that they will be able to commission additional MWs (in AC terms) during the fiscal year ending March 31, 2023.