Adani Power Q4 result: Net profit dips 48% to Rs 2,737 cr, revenue up 30% | Company Results

However, for the entire FY24, the company’s net profit almost doubled to Rs 20,828.79 crore from Rs 10,726.64 crore registered in FY23.

The expenses stood at Rs 10,323.58 crore in the period under review compared to Rs 9,897.60 crore in the year-ago period.

Commenting on the quarterly results, Gautam Adani, Chairman, Adani Group said, “As India transitions to a more sustainable energy future, the Adani Portfolio of companies will continue to provide innovative, reliable, and scalable solutions to support the nation’s economic growth and help realise the aspirations of its billion plus citizens.”

He added, “Adani Power is a key component of our long-term strategy, supplying reliable base load power across a vast part of the country, executing benchmark-setting projects, creating assets of national importance, and acting as the balancing supply to enable greater integration of renewables in the grid. We are committed to continuous innovation across businesses and creating sustainable value for all stakeholders.”