Adani Power on Thursday posted a multi-fold increase in its net profit to Rs 2,738 crore for the December quarter of 2023-24 on the back of a lower increase in cost and a higher rise in sale volumes.
In Q3FY24, the revenue from operations also rose 67 per cent to touch Rs 12,991.44 on a year-on-year (Y-o-Y) basis.
Consolidated continuing Ebitda (earnings before interest, taxes, depreciation, and amortization) for the quarter, the company said, more than tripled to Rs 5,059 crore on a year-on-year (Y-o-Y) basis due to greater revenues and lower import fuel prices.
