Adani Power Q1 Results: Net profit drops 55% to ₹3,913 crore, revenue rises 36% YoY

  • Adani Power Q1 Results: The Adani Group's power major reported a drop of 55 per cent in net profit for the June quarter

Nikita Prasad
Published31 Jul 2024, 04:17 PM IST
Adani Power Q1 Results: Net profit dropped 55 per cent in the June quarter. REUTERS/Dado Ruvic/Illustration
Adani Power Q1 Results: Net profit dropped 55 per cent in the June quarter. REUTERS/Dado Ruvic/Illustration(REUTERS)

Adani Power Q1 Results: Adani Power announced its April-June quarter results for fiscal 2024-25 (Q1FY25) on Wednesday, July 31, reporting a drop of 55.3 per cent in net profit at 3,913 crore, compared to 8,759 crore in the corresponding period last year.

The Adani Group's power major's revenue from operations in the first quarter of current fiscal rose 35 per cent to 14,955.6 crore, compared to 11,005.5 crore in the year-ago period.

On the operational front, the company's earnings before interest, tax, depreciation, and amortization (EBITDA) rose 76 per cent to 6,195 crore, compared to 3,514 crow in the same period last year.

Catch all the Budget News , Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:31 Jul 2024, 04:17 PM IST
HomeCompaniesCompany ResultsAdani Power Q1 Results: Net profit drops 55% to ₹3,913 crore, revenue rises 36% YoY

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    GAIL India

    241.05
    03:56 PM | 31 JUL 2024
    7.4 (3.17%)

    Indian Oil Corporation

    181.60
    03:59 PM | 31 JUL 2024
    -1.4 (-0.77%)

    Zee Entertainment Enterprises

    148.85
    03:57 PM | 31 JUL 2024
    3.75 (2.58%)

    Tata Steel

    165.35
    03:57 PM | 31 JUL 2024
    1.3 (0.79%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    CCL Products India

    675.30
    03:41 PM | 31 JUL 2024
    59.65 (9.69%)

    Network 18 Media & Investments

    98.19
    03:54 PM | 31 JUL 2024
    6.89 (7.55%)

    Granules India

    630.35
    03:51 PM | 31 JUL 2024
    42.55 (7.24%)

    Ajanta Pharmaceuticals

    2,690.00
    03:29 PM | 31 JUL 2024
    167.25 (6.63%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      70,740.00-124.00
      Chennai
      70,191.00-260.00
      Delhi
      70,260.00290.00
      Kolkata
      70,809.00-124.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00
      OPEN IN APP
      HomeMarketsCibilPremiumBudget