Profit

Adani Power Posts 64% Jump In Fourth Quarter Profit

 Share
EMAIL
PRINT
COMMENTS
Adani Power Posts 64% Jump In Fourth Quarter Profit
New Delhi: Adani Power on Tuesday posted a 64 per cent jump in consolidated net profit at Rs 1,173.39 crore for the quarter ended March.

The company had registered a net profit of Rs 715.05 crore for the January-March quarter of 2014-15.

Total income increased to Rs 7,344.39 crore for the said quarter, from Rs 4,667.56 crore a year ago.

For the entire fiscal year 2015-16, the company posted a consolidated net profit after taxes and minority interest of Rs 488.48 crore. It suffered a net loss of Rs 815.63 crore for the year ended March 2015.

Total income increased to Rs 25,231.57 crore in 2015-16, from Rs 19,544.94 crore in the previous fiscal year.

The figures are not fully comparable pursuant to the stake sale in Adani Transmission (India) by the company in the previous year, the merger of solar power undertaking of Adani Enterprises from April 1, 2015 and the acquisition of 100 per cent stake of UPCL from April 20, 2015.


Election Results for Lok Sabha Election 2019 will be out on May 23. Get the latest election news and live updates on ndtv.com/elections. Catch all the action on NDTV Live. Like us on Facebook or follow us on Twitter and Instagram for news updates from each of the 543 parliamentary seats for the election 2019

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top