 "Adani's renewables and transmission businesses power group's growth story")
Adani Power on Friday reported a consolidated net profit of Rs 696 crore for the quarter ended September 30, 2022 (Q2). In the year-ago period, the company had incurred a net loss of Rs 231 crore.
In the June quarter, Adani Power reported a net profit of Rs 4,780 crore, on high energy demand. The June quarter was among Adani Power's best-ever performances both in terms of top-line and bottom-line.
Consolidated revenue in Q2 rose 36 per cent year-on-year (YoY) to Rs 7,044 crore due to improved tariff realisation and higher one-time income of Rs 771 crore, the company said.
