Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on merchant basis.
Financial Results:
Adani Power Ltd reported Revenues for Q1FY24 of ₹11,006.00 Crores down from ₹13,723.00 Crore year on year, a fall of 19.8%.
Total Expenses for Q1FY24 of ₹9,309.00 Crores down from ₹9,642.00 Crores year on year, a fall of 3.45%.
Consolidated Net Profit of ₹8,759.00 Crores up 83.24% from ₹4,780.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹22.71, up 83.29% from ₹12.39 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.