Adani Power reported results for second quarter ended September 30, 2022.
The company has reported net loss of Rs 51.58 crore for Q2FY23 as compared to net loss of Rs 56.99 crore for the corresponding quarter previous year. However, the company has reported over 2-fold jump in its total income at Rs 328.80 crore for the quarter under review as compared to Rs 131.67 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported net profit of Rs 695.53 crore for the quarter under review as compared to net loss of Rs 230.71 crore for the same quarter in the previous year. Total income of the company increased by 51.59% to Rs 8445.99 crore for the quarter under review as compared to Rs 5571.76 crore for the same quarter in the previous year.