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 Q2FY24 of ₹12,991.00 Crores up from ₹7,044.00 Crore year on year, a rise of 84.43%.
Total Expenses for Q2FY24 of ₹9,711.00 Crores up from ₹7,747.00 Crores year on year, a rise of 25.35%.
Consolidated Net Profit of ₹6,594.00 Crores up 847.41% from ₹696.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹17.10, up 850.00% from ₹1.80 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.