AHMEDABAD: Adani Power’s consolidated net profit jumped nine-folds to settle at Rs 6,594 crore during the second quarter of FY 2024, due to a higher one-time income and deferred tax assets. This is against Rs 696 crore during the corresponding quarter of FY 2023. According to the company’s stock exchange filing on Thursday, Adani Power’s consolidated total revenue for Q2 FY24 is higher by 61% at Rs 12,155 crore, versus Rs 7,534 crore in the same period a year ago, driven by higher sales volumes.
“This increase in revenue was a result of greater sales volumes including the contribution of the Godda power plant and higher merchant sales.
