Adani Power Ltd (APL) has posted around 13 per cent jump in consolidated net profit at Rs 5,242 crore for March quarter 2022-23.
The company had clocked Rs 4,645 crore net profit in January-March 2021-22, it said in a statement Friday.
“Consolidated PAT (profit after tax) for Q4 FY23 grows…on account of lower finance cost as well as certain reversals consequent to the scheme of amalgamation(of six subsidiaries),” APL said.
Total income however fell to Rs 10,795 crore from Rs 13,307 crore in the year-ago quarter. Total expenses were higher at Rs 9,897 crore as against Rs 7,174 crore a year ago.
