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

By Abhyjith K. Ashokan

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

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

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

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.Read More