...
...
Next Story

Adani Power Q1 2024-25 results: Net profit falls 55.33%, revenue up 9.97%

Adani Power recorded a 55.33% fall in revenue for Q1 2024-25

Updated on: Jul 31, 2024, 17:29:08 IST
Advertisement

Adani Power Ltd has released its first quarter results for the financial year 2024-25 on Wednesday, July 31, 2024.

How much was Adani Power's net profit and revenue?

Adani Power saw its net profit fall 55.33% (Reuters)
Adani Power saw its net profit fall 55.33% (Reuters)

Adani Power saw its net profit fall 55.33% or by ₹4,846.63 crore to ₹3,912.79 crore in Q1 2024-25, compared to ₹8,759.42 crore in Q1 2023-24.

The company's revenue on the other hand, rose by 35.89% or by ₹3,950.09 crore to ₹14,955.63 crore, from ₹11,005.54 crore during the same quarter of the previous year.

How did Adani Power shares perform?

Adani Power shares closed at ₹734.50 on the Bombay Stock Exchange (BSE) after the trading session on Wednesday, July 31, 2024. This was a gain of 0.73% or 5.35 points.

 
ABOUT THE AUTHOR
Abhyjith K. Ashokan

Deeply passionate about writing, Abhyjith works as a business journalist covering corporates, markets, the economy, and policy - forces that in many ways, shape the world and pave the path for intriguing storytelling. For him, breaking news is a high that only gets matched by the adventures of the open road; both of which he deems essential to what matters at the end of the day. The story.

Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
SHARE THIS ARTICLE ON
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks