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Adani Power logs 16x rise in Q1 net, revenue rises 109% to Rs 13,723 crore

The company's consolidated revenue from operations rose 109 per cent to Rs 13,723 crore compared to Rs 6,569 crore last year

Adani power
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On Wednesday, the company's scrip on BSE closed 3.5 per cent higher to Rs 340 a share.

BS Reporter Mumbai
Adani Power on Wednesday reported a consolidated net profit at Rs 4,780 crore for the June quarter (Q1). It reported a consolidated net profit of Rs 278 crore in the corresponding period last financial  year. 

The company's consolidated revenue from operations rose 109 per cent to Rs 13,723 crore compared to Rs 6,569 crore last year. 

On Wednesday, the company's scrip on BSE closed 3.5 per cent higher to Rs 340 a share. 

Expenses stood at Rs 9,642.80 crore during the quarter compared to Rs 6,763.50 crore in the preceding fiscal.
"We have been able to utilise the opportunities presented by the

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