Earnings | Adani Power Ltd (NSE: ADANIPOWER): Q4FY23 Results Out; Total Income rises 19% YoY.

Adani Power Ltd is an Indian power company that specializes in generating and distributing electricity across the country. The company operates thermal power plants in Gujarat, Maharashtra, Karnataka, and Rajasthan, with a total capacity of 12,410 megawatts. Adani Power also operates a transmission network that spans over 11,000 circuit kilometers. The company has recently been in the news for its controversial Carmichael coal mine project in Australia. Adani Power’s financial performance has been mixed, with fluctuations in revenue and profits in recent years. The company has also faced regulatory issues and legal challenges related to environmental concerns and land acquisition.
• Adani Power Ltd reported Total Income for Q4 FY23 of ₹10,795 Crore down from ₹13,307 Crore year on year, a negative growth of 19%.
• Total Expenses for Q4 FY23 of ₹9,897 Crore up from ₹7,175 Crore year on year, a growth of 38%.
• Consolidated Net Profit of ₹5243 Crore, up 13% from ₹4,645 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹12.81, up 10% from ₹11.65 in the same quarter of the previous year.