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Adani Power Posts 7% Rise in Net Profit to ₹2,940 Cr in Q3
Hindustan Times Patna
|January 30, 2025
Adani Power on Wednesday posted a 7% rise in its consolidated net profit to ₹2,940 crore for the December quarter due to higher revenues on the back of higher electricity sale volume.
NEW DELHI:
"Consolidated total revenue for Q3 FY25 higher by 11% to ₹14,833 crore vs ₹13,355 crore in Q3 FY24, primarily due to higher volume," a company statement said.
According to the statement, its consolidated profit after tax increased 7% to ₹2,940 crore in the quarter compared to ₹2,738 crore a year ago.
The company's consolidated power sale volume in the quarter grew 8% to 23.3 billion units (BU) from 21.5 BU in the year-ago period due to improved power demand and higher operating capacity, it added.
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