Adani Power posts Rs 13.13 crore net profit in March quarter

Adani Power on Thursday posted a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, mainly on account of higher revenues.

The company had posted a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020, a BSE filing said.

Total income of the company rose to Rs 6,902.01 crore in the quarter from Rs 6,327.57 crore in the same period a year ago.

For the entire fiscal year (2020-21), the company’s consolidated net profit stood at Rs 1,269.98 crore. It had reported a loss of Rs 2,274.77 crore in 2019-20.

Total income in 2020-21 came in at Rs 28,149,68 crore as compared to Rs 27,841.81 crore in 2019-20.