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HomeBusinessAdani Power Rallies Nearly 5% After Net Profit Surges In March Quarter

Adani Power Rallies Nearly 5% After Net Profit Surges In March Quarter


On the NSE, Adani Power went up by 4.99 per cent to finish at Rs 279.65 apiece.

New Delhi:

Shares of Adani Power on Thursday rallied practically 5 per cent after the corporate’s consolidated web revenue jumped to Rs 4,645.47 crore within the March quarter.

The inventory climbed 4.40 per cent to settle at Rs 277.90 apiece on the BSE. During the day, it rallied 4.99 per cent to Rs 279.50.

On the NSE, it went up by 4.99 per cent to finish at Rs 279.65 apiece.

In traded quantity phrases, 31.93 lakh shares have been traded on the BSE and over 3.98 crore shares on the NSE in the course of the day.

Adani Power’s consolidated web revenue jumped to Rs 4,645.47 crore within the March quarter from Rs 13.13 crore within the year-ago interval, primarily on the again of upper revenues.

Total earnings of the corporate rose to Rs 13,307.92 crore within the quarter ended on March 31, 2022 from Rs 6,902.01 crore in the identical interval a yr in the past, it stated in a press release on Thursday.

The consolidated web revenue for 2021-22 climbed to Rs 4,911.58 crore from Rs 1,269.98 crore within the year-ago interval.

Last fiscal, the corporate’s complete earnings elevated to Rs 31,686.47 crore from Rs 28,149.68 crore in the identical interval a yr in the past.

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