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Adani Power logs 55% fall in Q1 consolidated net profit

01 Aug 2024 Evaluate

Adani Power has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 69.82% fall in net profit at Rs 2,454.88 crore for Q1FY25 as compared to Rs 8,133.06 crore for the same quarter in the previous year. Total income of the company decreased by 23.45% at Rs 11,978.08 crore for Q1FY25 as compared to Rs 15,646.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 55.33% fall in its net profit at Rs 3,912.79 crore for the quarter ended June 30, 2024 as compared to Rs 8,759.42 crore for the same quarter in the previous year. Total income of the company decreased by 14.55% at Rs 15,473.95 crore for Q1FY25 as compared to Rs 18,109.01 crore for the corresponding quarter previous year.


Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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