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Adani Power Limited, a part of Adani group, announced its consolidated profit increased over eight fold to Rs 6,594 crore in the July-September quarter - a 848 per cent jump as compared to Rs 696 crore for the same period last year.
India Inc s revenue growth in Q2 has been the weakest in nine quarters, rising by 6.2%, according to a sample of 3,901 companies. Net profit on the other hand rose by 39%, the highest in six quarters, helped by easing input costs. The banking, financial services, and insurance (BFSI) sector supported aggregate earnings. Excluding banking and finance firms, revenue and net profit growth slowed to 2.3% and 33.6% respectively.