Adani Power Q2 results: Profit after tax rises multi-fold to Rs 6,594 crore
Riding on higher income, Adani Power’s profit after tax (PAT) for the quarter ended September 2023 (Q2FY24) rose about 9.5 times to Rs 6,594 crore from Rs 696 crore a year ago.
The company reported tax credit for the quarter.
Net sales for the quarter were at Rs 12,991 crore, up 84.4 per cent from the Rs 7,044 crore reported in the corresponding quarter in the previous year.
Sequentially, PAT was down 24.7 per cent.
