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The Economic Times

Business

Akash Podishetti

Adani Power Q1 Results: Profit jumps 42% YoY to Rs 4,806 cr; co approves Rs 15,000 cr fundraise

Adani Power on Wednesday reported 42% year-on-year (YoY) growth in its consolidated net profit at Rs 4,806 crore in the first quarter. The same stood at Rs 3,385 crore in the same quarter last year.

The company's board has approved a fundraising of Rs 15,000 crore through the issue of equity shares via QIP or other means.

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