ECONOMYEconomic Times Markets ยท 3 hours agoLive
Adani Power profit surges 142% on strong demand amid weak rains
Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Adani Power has reported a 142% increase in net profit for the July-September quarter. This profit was driven by strong electricity demand and exceptional prior-period income. Operating revenue for the company saw a nearly 30% increase compared to the previous year. The company also recognized significant revenue due to adjustments in historic energy charges under its power purchase agreements.
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