New Delhi, Jan. 29 -- Adani Power on Wednesday reported 7% year-on-year increase in consolidated net profit at Rs 2,940 crore for October-December quarter (Q3) of the current financial year 2024-25.
The company had posted a profit of Rs 2,738 crore in the Q3 of the previous financial year 2023-24.
Primarily driven by higher volume, consolidated total revenue of the company for the December quarter of current fiscal rose 11% year-on-year to Rs 14,833 crore as against Rs 13,355 crore in the Q3 of FY24.
Consolidated power sale volume at 23.3 BU (billion units) in Q3FY25 was up by 8% from 21.5 BU in Q3FY24 due to improved power demand and higher operating capacity.
S B Khyalia, CEO, Adani Power Limited, said, "Adani Power is well on its way...