Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore;...

Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs

Posted

Adani Power's net profit decreased to Rs 3,305 crore in the April-June quarter. Revenue also saw a dip, reaching Rs 14,167 crore. EBITDA stood at Rs 5,744 crore. The company's installed capacity increased to 17,550 MW after acquisitions. Total debt reached Rs 44,372 crore. The Godda plant is receiving regular payments. Adani Power aims for 30 GW capacity by 2030.

Read Full Article

Please log in to like, share and comment!