{"id":511732,"date":"2022-08-04T11:28:48","date_gmt":"2022-08-04T05:58:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511732"},"modified":"2022-08-04T12:12:17","modified_gmt":"2022-08-04T06:42:17","slug":"adani-power-q1-net-profit-surges-16-fold-to-rs-4780-cr-stock-rises-3-5","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-q1-net-profit-surges-16-fold-to-rs-4780-cr-stock-rises-3-5\/","title":{"rendered":"Adani Power Q1 net profit surges 16-fold to Rs 4,780 cr; stock rises 3.5%"},"content":{"rendered":"<p>Adani Power on Wednesday reported 16-fold jump in consolidated net profit at Rs 4,780 crore for the quarter ending June 30, 2022. It reported consolidated net profit of Rs 278 crore in the year-ago period.<\/p>\n<p>The company&#8217;s consolidated revenue from operations rose 109% to Rs 13,723 crore as compared to Rs 6,569 crore in Q1FY22.<\/p>\n<p>On Wednesday, the company&#8217;s scrip on BSE closed 3.5% higher at Rs 340.<\/p>\n<p>Expenses stood at Rs 9,642.80 crore during the quarter under review compared to Rs 6,763.50 crore in the preceding fiscal.<\/p>\n<p>&#8220;We have been able to utilise the opportunities presented by the market situation effectively, leveraging our diversified fleet and operations-excellence to meet rising power demand. Regulatory issues that were outstanding since long are nearing full resolution,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power on Wednesday reported 16-fold jump in consolidated net profit at Rs 4,780 crore for the quarter ending June 30, 2022. It reported consolidated net profit of Rs 278 crore in the year-ago period. The company&#8217;s consolidated revenue from operations rose 109% to Rs 13,723 crore as compared to Rs 6,569 crore in Q1FY22. On Wednesday, the company&#8217;s scrip on BSE closed 3.5% higher at Rs 340. Expenses stood at Rs 9,642.80 crore during the quarter under review compared to Rs 6,763.50 crore in the preceding fiscal. &#8220;We have been able to utilise the opportunities presented by the market [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-511732","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=511732"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511732\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}