Indian power market

Business

Adani Power Reports Stellar Q2 FY24 Results: Revenue Soars 61%

Consolidated power sale volume at 18.1 Billion Units (BU) in Q2 FY24, up by 65% from 11 BU in Q2 FY23 due to improved power demand and higher operating capacity. Consolidated continuing total revenue for Q2 FY24 higher by 61% at Rs. 12,155 Crore vs Rs. 7,534 Crore in Q2 FY23; mainly due to greater sales volumes. Consolidated continuing EBITDA…