Adani Power Q1FY24 results: Net profit up 83.3% YoY, revenue rises 16%
Adani Power on Thursday reported an 83.3 per cent rise in its consolidated profit after tax (PAT) in the quarter that ended on June 30 at Rs 8,759 crore as compared to Rs 4,780 crore in the same quarter last year. As compared to Rs 5,242.48 crore in the quarter that ended on March 31, the profit was up 67 per cent.
The total consolidated revenue was up 16.8 per cent to Rs 18,109 crore from Rs 15,509 crore last year.
The consolidated Earnings before interest, taxes, depreciation, and amortisation (Ebitda) for Q1FY24 stood 41.5 per cent higher at Rs 10,618 crore, as compared to Rs 7,506 crore in Q1FY23.
