Thursday, November 1, 2018

Adani Power net profit beats street estimates

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Adani Power's consolidated net profit rose by 22 percent  to Rs 387 crore in the quarter ended September 30, 2018.

The company had clocked net profit of Rs 317 crore during the same period a year ago.

Its total income rose to Rs 7,657 crore in the quarter under review from Rs 6,415 crore in July-September of 2017-18 fiscal.

The stock closed at Rs 45.90, up Rs 1.15 in yesterday's trading.

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