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Adani Power's Consolidated Net Profit Soars in Fiscal Q1

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Adani Power (NSE:ADANIPOWER, BOM:533096) consolidated net profit jumped to 48.1 billion Indian rupees in the fiscal first quarter, from 33.8 billion rupees a year ago, according to an Indian bourse filing on Wednesday.

Earnings per share for the quarter ended June 30 climbed to 2.49 rupees from 1.72 rupees a year earlier.

The company's revenue from operations also soared to 189.0 billion rupees from 141.1 billion rupees a year ago, the filing said.

Shares of the company fell nearly 2% in recent trade.

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