Adani Power Q1 profit rises 42%; board approves up to ₹15,000 crore fundraising
Adani Power reported Q1 net profit of ₹4,805.69 crore, up 42% year on year, as revenue grew 34% to ₹18,901 crore. The board also cleared fundraising of up to ₹15,000 crore through QIP or other permitted routes, subject to approvals.
Adani Power reported a 42% rise in Q1 net profit to Rs 4,805.69 crore and 34% revenue growth to Rs 18,901 crore. Its board approved raising up to Rs 15,000 crore through a QIP or other permitted routes.
Why this matters
The update reinforces recent signals that Adani Power's Q1 profit rose 42% to about ₹4,806 crore and that its board cleared a ₹15,000 crore fundraise.
retail-company is accelerating, up 997300% QoQ.
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