Adani Power on Thursday posted a multi-fold increase in its consolidated net profit to Rs 2,738 crore for the December quarter compared to the year-ago period driven by higher revenues.
The company had reported a profit of Rs 9 crore in the third quarter of 2022-23. Total income rose to Rs 13,355 crore in the quarter from Rs 8,290 crore in the same period a year ago, a company statement said.
“Adani Power continues to demonstrate its leadership across domains by achieving ever higher standards of excellence, as evidenced by the financial results for the third quarter of FY 2023-24,” Adani Power CEO S B Khyalia said in the statement,