Adani Power has made a net profit (consolidated net profit) of Rs 3,298 crore in the second quarter of the financial year 2024-25. There has been a 50% decline on an annual basis. The company had made a profit of Rs 6,594 crore in the same quarter a year ago.
Talking about operational revenue, it stood at Rs 13,339 crore in the July-September quarter. There has been an increase of 3% on annual basis. In the second quarter of the financial year 2023-24, the company had generated a revenue of Rs 12,991 crore. Income earned from selling goods and services is called revenue.
Consolidated profit means performance of the entire group
The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas in the consolidated financial report the report of the entire company is given.
Adani Power's shares rose 14% this year Adani Power shares closed at Rs 595.20 today i.e. Monday (28 October) after a slight gain of 0.49%. The company's stock has fallen 9.29% in the last one month and 0.15% in six months. Adani Power shares have given a positive return of 66.28% in the last one year and 13.75% this year i.e. from January 1 till now. The market cap of the company is Rs 2.31 lakh crore.
Graphics Source: NavJivanIndia | VaskarAssets
