Adani Power Q4 results: Net profit down 5% to Rs 2,599 cr, revenue up 5%

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Adani Power Q4 results: Net profit down 5% to Rs 2,599 cr, revenue up 5% - Business Standard

Quick Summary:

Adani Power on Wednesday reported a 5 per cent decline in its consolidated net profit to Rs 2,599.23 crore in the January-March quarter of 2024-25 compared to the year-ago period mainly due to lower recognition of one-time items.

A company official in a separate statement said, "In Q4 FY24, APL's (Adani Power Ltd) PAT (net profit) had non-recurring items like higher refund received from government authorities and gain on sale of unutilized assets.

"The Profit After Tax (PAT or net profit) for Q4 FY25 was similar at Rs.2,599 Crore to the PAT for Q4 FY24, affected by lower recognition of one-time items," it said.