Adani Power registers ₹634.64 crore Q4 profit

Adani Power Wednesday reported consolidated net profit of ₹634.64 crore for the fourth quarter ended March 31, mainly on the back of higher revenues.

It had posted a consolidated net loss of ₹653.25 crore in the same period previous fiscal, the company said in a BSE filing.

According to the filing, total income of the firm rose to ₹8,077.89 crore in March quarter, from ₹4,161.19 crore a year ago.

The company’s consolidated net loss for 2018-19 narrowed to ₹984.40 crore from ₹2,102.95 crore in the previous fiscal. Total income rose to ₹26,361.63 crore compared to ₹21,093.43 crore in 2017-18.

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