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Adani group companies that are out with quarterly results included two cement makers ACC Ltd and Ambuja Cements Ltd, FMCG firm Adani Wilmar Ltd, renewable energy company Adani Green Energy Ltd and Adani Total Gas.
Revenue from operations jumped 84% to Rs 12,991 crore in the reporting quarter against Rs 7,044 crore in the corresponding quarter of the previous year. Consolidated power sale volume in the second quarter stood at 18.1 billion units (BU), up by 65%, mainly due to improved power demand and higher operating capacity. ....
The firm also reported other income of Rs 1,945 crore for the quarter that includes one-time prior period items of Rs 1,656 crore in the form of carrying cost and late payment surcharge. ....
Adani Power’s consolidated net profit jumped nine-folds to settle at Rs 6,594 crore during the second quarter of FY 2024, due to a higher one-time inc ....