Adani Power Q2 results: Net profit slips 12% to Rs 2,906 crore on higher costs; total income edges up to Rs 14,308 crore
Adani Power Q2 results: Net profit slips 12% to Rs 2,906 crore on higher costs; total income edges up to Rs 14,308 crore
Adani Power reported a 12% year-on-year decline in net profit to Rs 2,906 crore for the September quarter, primarily due to higher expenses. Despite this, total income saw a slight increase, supported by higher power sales. The company is actively pursuing capacity expansion, aiming for 42 GW by FY 2031-32, and has secured new long-term power purchase agreements.
Adani Power reported a 12% year-on-year decline in net profit to Rs 2,906 crore for the September quarter, primarily due to higher expenses. Despite this, total income saw a slight increase, supported by higher power sales. The company is actively pursuing capacity expansion, aiming for 42 GW by FY 2031-32, and has secured new long-term power purchase agreements.
Adani Power reported a 12% year-on-year decline in net profit to Rs 2,906 crore for the September quarter, primarily due to higher expenses. Despite this, total income saw a slight increase, supported by higher power sales. The company is actively pursuing capacity expansion, aiming for 42 GW by FY 2031-32, and has secured new long-term power purchase agreements. 
