Adani Power Q1 Outcomes: Co swings to revenue of Rs 512 crore vs YoY loss, income grows 27%
The corporate’s income from operations stood at Rs 6,819 crore, which was up 27% from Rs 5,379 crore reported within the corresponding quarter of the final monetary 12 months.
The revenue after tax (PAT) was down 21% on a sequential foundation versus Rs 647.15 crore reported in Q4FY25, whereas the topline grew 7% over Rs 6,375 crore within the January-March quarter of the final monetary 12 months.
The earnings had been introduced throughout market hours, and Adani Power shares traded 1.4% decrease round 3 pm at Rs 851.05 on the NSE.
Adani Power in its submitting to the exchanges, stated that there was no affect of the indictment filed by america Division of Justice on its consolidated monetary outcomes.
“The director is indicted by US DOJ for alleged securities 8 wire fraud conspiracy and securities fraud for deceptive statements and civil criticism by US SEC in respect of alleged omission of disclosure of fabric information in sure statements. The Firm isn’t named in these issues,” the submitting stated. “Having regard to the standing of the above-mentioned issues, and the truth that the issues acknowledged above don’t pertain to the Firm, there isn’t a affect to those consolidated monetary outcomes,” it stated additional.In the course of the quarter, the corporate signed a share buy settlement with REC Energy Improvement and Consultancy Restricted and bought 100% shares of WRNES Talegaon Energy Transmission Restricted. The undertaking contains the institution of three,000 Mega Volt-Amperes (MVA) of substations capability, apart from different associated transmission infrastructure within the State of Maharashtra. The administration has categorized the acquisition of the transmission SPV as an asset acquisition.
