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Adani Power Q1 profit rises 42%; board approves up to ₹15,000 crore fundraising

Adani Power reported a 42% rise in Q1 net profit to Rs 4,805.69 crore and 34% revenue growth to Rs 18,901 crore. Its board approved raising up to Rs 15,000 crore through a QIP or other permitted routes.

Reported figures

From the report. Source details below

Prior-year Q1 net profit: Rs 3,384.86 crore
Prior-year Q1 revenue: Rs 14,109 crore
Share price: Rs 212, down 2% on BSE

The source

Source Read the source at Business Today

Published

Also reported by Mint

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