{"id":631489,"date":"2024-01-27T07:40:19","date_gmt":"2024-01-27T02:10:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=631489"},"modified":"2024-01-27T09:03:34","modified_gmt":"2024-01-27T03:33:34","slug":"adani-power-q3-results-net-profit-surges-to-rs-2738-cr-as-volumes-swell","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-q3-results-net-profit-surges-to-rs-2738-cr-as-volumes-swell\/","title":{"rendered":"Adani Power Q3 results: Net profit surges to Rs 2,738 cr as volumes swell"},"content":{"rendered":"<p>Adani Power on Thursday posted a multi-fold increase in its net profit to Rs 2,738 crore for the December quarter of 2023-24 on the back of a lower increase in cost and a higher rise in sale volumes. <\/p>\n<p>In Q3FY24, the revenue from operations also rose 67 per cent to touch Rs 12,991.44 on a year-on-year (Y-o-Y) basis. <\/p>\n<p>Consolidated continuing Ebitda (earnings before interest, taxes, depreciation, and amortization) for the quarter, the company said, more than tripled to Rs 5,059 crore on a year-on-year (Y-o-Y) basis due to greater revenues and lower import fuel prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power on Thursday posted a multi-fold increase in its net profit to Rs 2,738 crore for the December quarter of 2023-24 on the back of a lower increase in cost and a higher rise in sale volumes. In Q3FY24, the revenue from operations also rose 67 per cent to touch Rs 12,991.44 on a year-on-year (Y-o-Y) basis. Consolidated continuing Ebitda (earnings before interest, taxes, depreciation, and amortization) for the quarter, the company said, more than tripled to Rs 5,059 crore on a year-on-year (Y-o-Y) basis due to greater revenues and lower import fuel prices.<\/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-631489","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\/631489","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=631489"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/631489\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=631489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=631489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=631489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}