Gautam Adani-led Adani Power on Wednesday reported a 47.8 per cent decline in consolidated net profit to Rs 2,737 crore for the quarter ended March 2024 (Q4FY24). The power company had reported a net profit of Rs 5,242 crore in the year-ago period (Q4FY23), according to its stock exchange filing.
At Rs 2,737 crore, the company’s net profit remained unchanged from the previous quarter (October-December).
During Q4, the company’s total income was Rs 13,881.52 crore, against Rs 10,795.32 crore in year-ago quarter.
