NEW DELHI: Shares of Adani Power were trading at a record high of Rs 352.30 as the stock gained 3 per cent on the BSE on Thursday morning.
Adani Power Limited on Wednesday posted a manifold jump in consolidated net profit to Rs 4,779.86 crore in the quarter ended June 2022, on account of growth in income. The consolidated net profit of the company in the year-ago period was at Rs 278.22 crore, according to a regulatory filing.
The company’s total income rose to Rs 15,509 crore in the June quarter. It was at Rs 7,213.21 crore in the same period last year. Part of the diversified Adani Group, APL is the largest private thermal power producer in India.
The company has an installed thermal power capacity of 13,610 MW spread across seven power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, and Madhya Pradesh, apart from a 40 MW solar power plant in Gujarat.
