Adani Power, a leading private thermal power producer, reported a substantial 55% year-on-year decline in net profit for the first quarter, registering ₹3,900 crore compared to ₹8,759 crore in the same period last year.
Despite the fall in net profit, the company’s revenue saw a significant increase, rising 29% year-on-year to ₹14,717 crore from ₹11,005 crore in the corresponding quarter of the previous fiscal year. Adani Power boasts a thermal power capacity of 15.25 gigawatts (GW) and operates a 40 MW mega solar plant at Naliya, Bitta, Kutch, Gujarat.
On July 30, Adani Power’s stock closed nearly 2% higher at ₹730.00 on the National Stock Exchange (NSE). The company’s market capitalization stands at ₹2.8 lakh crore
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
