January 26, 2025

Adani Power’s Profit for FY 2022-23 Rises by 118.4%

Dumani Mail May 8, 2023 2 min read
Adani Power has posted a consolidated net profit (profit after tax) of Rs. 5,242 crore for the January March 2023 quarter, an increase of 12.9 per cent, the company statement said. In the same quarter of 2022, the company's net profits were Rs. 4,645 crore. The rise in revenues was mainly attributed to improved tariff realization and higher import prices for coal. "India's growing demand for world-class infrastructure facilities is acting as the springboard for the next phase of its economic growth. Reliable and scalable baseload power is fundamental to its economic sustenance, which Adani Power is best placed to supplement along with the Group's diversified presence across the energy value chain of renewable and conventional generation, transmission, and distribution," Gautam Adani, Chairman, Adani Group said.

Ahmedabad: Adani Power has posted a consolidated net profit (profit after tax) of Rs. 5,242 crore for the January March 2023 quarter, an increase of 12.9 per cent, the company statement said. In the same quarter of 2022, the company’s net profits were Rs. 4,645 crore. For the entire financial year 2022-23, consolidated Profit After Tax was higher by 118.4 per cent at Rs. 10,727 crore versus Rs. 4,912 crore for 2021- 22. In a filing with the stock exchanges on Friday, its consolidated total revenue for the quarter was Rs. 10,795 crore, as compared to Rs. 13,308 crore in a year ago period. Revenues were over 23 per cent higher during the quarter. Further, consolidated total revenue was higher by 35.8 per cent at Rs. 43,041 crore in the entire fiscal. In 2021-22, it was Rs. 31,686 crore. The rise in revenues was mainly attributed to improved tariff realization and higher import prices for coal. “India’s growing demand for world-class infrastructure facilities is acting as the springboard for the next phase of its economic growth. As the nation’s foremost infrastructure conglomerate, Adani Group is fully committed to meet it in a sustainable and dependable manner.

Adani Power's Profit For FY 2022-23 Rises By 118.4% To Rs 10,727 Crore

Reliable and scalable baseload power is fundamental to its economic sustenance, which Adani Power is best placed to supplement along with the Group’s diversified presence across the energy value chain of renewable and conventional generation, transmission, and distribution,” Gautam Adani, Chairman, Adani Group said. Adani Power (APL), a part of the diversified Adani Group, is a major private thermal power producer in India. The company has an installed thermal power capacity of 14,410 MW spread across eight power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, apart from a 40 MW solar power plant in Gujarat. “We have also started a new chapter in cross-border cooperation with the commissioning of the first 800 MW unit of the Godda Ultrasupercritical thermal power project, which will provide Bangladesh with a reliable source of electricity, and help it achieve its long-term economic goals,” said SB Khyalia, CEO, Adani Power.

About Post Author

Dumani Mail

See author's posts

Tags:

13,393 thoughts on “Adani Power’s Profit for FY 2022-23 Rises by 118.4%”

  3. Do you have a spam problem on this site; I also am a blogger, and I was curious about your situation; many of us have developed some nice procedures and we are looking to exchange methods with
    other folks, please shoot me an email if interested.

  4. I’m not sure why but this weblog is loading very slow for me.
    Is anyone else having this problem or is it a issue on my end?
    I’ll check back later on and see if the problem still exists.

  5. whoah this blog is fantastic i love reading your articles.
    Keep up the good work! You know, lots of people are looking round for this information,
    you could help them greatly.

  6. Hi there would you mind letting me know which hosting company you’re
    using? I’ve loaded your blog in 3 completely different internet browsers and I must say this blog loads a
    lot quicker then most. Can you suggest a good web hosting provider
    at a honest price? Many thanks, I appreciate it!

  7. whoah this weblog is great i really like reading your posts.

    Stay up the great work! You realize, a lot of persons are looking round for this information, you could aid them greatly.

  8. Link exchange is nothing else but it is simply placing the other
    person’s website link on your page at appropriate
    place and other person will also do similar in favor of
    you.

  10. Terrific post however I was wondering if you could write a litte more on this subject?

    I’d be very grateful if you could elaborate a little bit
    more. Many thanks!

  11. It’s truly very complicated in this full of activity life to listen news on Television, therefore I only use internet for that purpose,
    and obtain the newest news.

  12. Nice post. I learn something new and challenging on websites I
    stumbleupon everyday. It will always be interesting to read through articles
    from other authors and use a little something from their sites.

  13. Your style is unique in comparison to other folks I have read stuff from.
    Thanks for posting when you’ve got the opportunity, Guess I’ll just book mark this
    page.

  15. It is the best time to make some plans for the future and it’s time to be happy.

    I have read this post and if I could I desire to suggest you some interesting things or tips.

    Maybe you can write next articles referring to this article.

    I want to read even more things about it!

  16. Hello this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you have to
    manually code with HTML. I’m starting a blog soon but have no coding expertise so I wanted to get advice from someone with experience.
    Any help would be enormously appreciated!

  17. An intriguing discussion is definitely worth comment.
    I think that you need to publish more on this topic, it may not be a taboo subject
    but typically people do not talk about these topics.
    To the next! Cheers!!

  19. My brother suggested I might like this web site.
    He was totally right. This post truly made my day. You cann’t imagine simply how much time I had spent for this information! Thanks!

  20. Heya are using WordPress for your site platform?
    I’m new to the blog world but I’m trying to get started and create my own. Do you need any coding expertise to make your own blog?

    Any help would be really appreciated!

  21. If some one desires to be updated with most up-to-date technologies after that he must be visit
    this website and be up to date everyday.

  22. you’re in point of fact a good webmaster. The website loading speed is amazing.

    It kind of feels that you’re doing any unique trick.
    Moreover, The contents are masterpiece. you have done a great task in this matter!

  25. Thanks for another magnificent post. Where else may anyone get that type of information in such a perfect method of writing?
    I’ve a presentation next week, and I’m at the look for
    such info.

  26. Wow, marvelous blog layout! How long have you been blogging for?

    you make blogging look easy. The overall look of your site
    is magnificent, as well as the content!

  27. I’m curious to find out what blog platform you’re utilizing?
    I’m experiencing some minor security issues with my
    latest site and I would like to find something more secure.
    Do you have any solutions?

  28. Good day I am so happy I found your webpage,
    I really found you by mistake, while I was researching on Yahoo for something else, Anyways I am here now and would just like to say
    many thanks for a marvelous post and a all round entertaining blog (I also love the theme/design), I don’t have time to go through it all
    at the moment but I have bookmarked it and also
    added your RSS feeds, so when I have time I will be back to read much more,
    Please do keep up the excellent jo.

  29. Wonderful blog! I found it while browsing on Yahoo News.
    Do you have any suggestions on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to get there!

    Many thanks

  31. I think this is among the most significant information for me.
    And i’m glad reading your article. But should remark on few general things,
    The website style is ideal, the articles is really nice :
    D. Good job, cheers

  33. Howdy very nice blog!! Man .. Beautiful .. Superb ..
    I’ll bookmark your website and take the feeds also? I am satisfied to seek out numerous helpful info right here within the post, we want develop more strategies on this regard, thank you
    for sharing. . . . . .

  35. Useful info. Fortunate me I found your website accidentally,
    and I am shocked why this coincidence did not happened
    in advance! I bookmarked it.

  36. First of all I want to say wonderful blog! I had a
    quick question in which I’d like to ask if you do not mind.
    I was curious to find out how you center yourself and clear your
    mind before writing. I have had difficulty clearing my thoughts in getting my ideas out.
    I do enjoy writing however it just seems like the first 10 to 15 minutes are usually lost simply
    just trying to figure out how to begin. Any ideas or hints?
    Cheers!

  37. Do you have a spam problem on this website; I also am a blogger, and I was curious about your situation; we have created some nice procedures and we are looking to trade solutions with others, please shoot
    me an email if interested.

  39. I am extremely inspired along with your writing talents and also with the format for your blog.
    Is that this a paid subject matter or did you modify it yourself?
    Either way keep up the excellent quality writing, it’s rare
    to peer a nice weblog like this one these days..

  42. Having read this I believed it was really informative.
    I appreciate you taking the time and effort to put this article together.
    I once again find myself personally spending a
    lot of time both reading and leaving comments. But so what,
    it was still worth it!

  44. Someone necessarily assist to make seriously articles I’d state.
    This is the first time I frequented your web page and so far?

    I surprised with the analysis you made to make this actual publish amazing.
    Magnificent process!

  45. Great blog! Do you have any helpful hints for aspiring writers?
    I’m planning to start my own website soon but I’m a little lost on everything.
    Would you suggest starting with a free platform like WordPress or
    go for a paid option? There are so many choices out there that I’m totally confused
    .. Any recommendations? Appreciate it!

  46. Whoa! This blog looks just like my old one! It’s on a totally different topic but it has pretty much the same layout and design. Great choice of colors!

  47. I’m truly enjoying the design and layout of your website.
    It’s a very easy on the eyes which makes it much
    more pleasant for me to come here and visit more often. Did you hire out a developer to create your theme?
    Great work!

  48. I’m curious to find out what blog platform you
    are utilizing? I’m having some small security issues with my latest website and
    I would like to find something more secure. Do you have any suggestions?

  49. For most recent information you have to pay a visit world-wide-web and on internet I found this web site as
    a most excellent web site for newest updates.

  50. I just like the helpful info you provide on your articles.
    I will bookmark your blog and check once more here regularly.
    I’m quite sure I will be told many new stuff right right here!
    Good luck for the next!

  52. I loved as much as you will receive carried out right here.
    The sketch is tasteful, your authored subject matter
    stylish. nonetheless, you command get got an nervousness over
    that you wish be delivering the following.
    unwell unquestionably come further formerly again since exactly the same
    nearly a lot often inside case you shield this increase.

  54. With havin so much content and articles do
    you ever run into any problems of plagorism or copyright infringement?
    My blog has a lot of exclusive content I’ve either created
    myself or outsourced but it appears a lot of it
    is popping it up all over the web without my permission. Do you
    know any ways to help reduce content from being ripped off?
    I’d certainly appreciate it.

  55. May I just say what a comfort to discover a person that genuinely
    understands what they’re talking about over the internet.
    You definitely know how to bring an issue to light
    and make it important. More and more people have to check this out and understand this
    side of your story. I can’t believe you are not more popular given that you most
    certainly have the gift.

  56. When I initially commented I seem to have clicked on the -Notify me
    when new comments are added- checkbox and from now on every time a
    comment is added I get 4 emails with the same comment. Is there a means
    you are able to remove me from that service? Thanks!

  57. Hi! I simply wish to give you a huge thumbs up for your great info you have here
    on this post. I will be returning to your blog for more
    soon.

  58. Wonderful beat ! I wish to apprentice while you amend your site,
    how can i subscribe for a blog site? The account aided me a acceptable deal.
    I had been tiny bit acquainted of this your broadcast provided bright
    clear idea

  59. I’m extremely impressed along with your writing abilities as smartly
    as with the structure for your blog. Is this a paid theme or did you modify it your
    self? Either way stay up the nice high quality writing, it is uncommon to look a great blog like this one these days..

  60. I blog quite often and I genuinely thank you for your content.
    The article has really peaked my interest. I will book mark your blog
    and keep checking for new details about once a week.
    I subscribed to your RSS feed too.

  61. Right here is the perfect blog for everyone who would
    like to understand this topic. You understand so much its almost hard to argue with you (not that I personally would want
    to…HaHa). You certainly put a fresh spin on a
    subject that’s been written about for ages.
    Wonderful stuff, just wonderful!

  62. This is a great tip especially to those fresh to the blogosphere.
    Short but very accurate information… Many thanks
    for sharing this one. A must read post!

  63. An impressive share! I’ve just forwarded this
    onto a friend who has been doing a little research on this.
    And he actually bought me lunch simply because I stumbled upon it for him…

    lol. So allow me to reword this…. Thank YOU for the meal!!
    But yeah, thanx for spending the time to discuss this subject here on your web
    page.

  65. Hi there it’s me, I am also visiting this web site regularly,
    this site is truly pleasant and the people are really sharing nice thoughts.

  66. Heya i’m for the first time here. I found this board and I find It really
    useful & it helped me out a lot. I hope to give something
    back and aid others like you helped me.

  67. I love your blog.. very nice colors & theme. Did
    you create this website yourself or did you hire someone to do it for you?
    Plz respond as I’m looking to construct my
    own blog and would like to know where u got this from.
    thank you

  68. This design is steller! You most certainly know how to keep a reader entertained.

    Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Wonderful job.
    I really enjoyed what you had to say, and more than that, how you presented it.
    Too cool!

  70. Awesome issues here. I am very satisfied to see your post.

    Thanks a lot and I’m having a look ahead to touch you.
    Will you please drop me a e-mail?

  71. Link exchange is nothing else but it is simply
    placing the other person’s website link on your page
    at appropriate place and other person will also do similar in favor of you.

  72. Hi there, You’ve done an excellent job. I will certainly digg it and personally suggest to my friends.
    I am confident they will be benefited from this web site.

  73. I got this web site from my pal who told me regarding this web site and at the moment this time I am visiting this web page and
    reading very informative articles or reviews at this time.

  74. May I just say what a relief to discover somebody that truly understands what they are talking about on the net.

    You actually know how to bring an issue to light and make it important.
    A lot more people ought to check this out and
    understand this side of your story. It’s surprising you’re not more popular because
    you most certainly possess the gift.

  76. A person necessarily lend a hand to make significantly
    posts I’d state. This is the first time I frequented your website page and up to now?
    I amazed with the research you made to create this actual submit incredible.
    Great activity!

  77. Exceptional post however I was wanting to know if you could write a litte
    more on this topic? I’d be very thankful if you could elaborate a little bit more.
    Thank you!

  97. If you are shopping for a strong situation for cellphone restore close to me, I not too long ago had a terrific experience at a nearby retailer. They constant my cracked display soon and at a reasonable rate battery repair

  140. Very thoughtful reflections surrounding mental health awareness among attorneys advocating self-care practices fostering healthier work environments resulting positively impacting overall productivity moving forward throughout firms remaining proactive seo for lawyers

  185. I truly love hearing discussions centering around diversity initiatives encouraging inclusivity within workplaces reflecting societal changes aligning values accordingly benefiting everyone involved positively contributing towards community outreach local seo for attorney

  344. The fact that most warranties last decades when choosing quality materials like steel is encouraging—what warranties have people found most helpful over time? Discuss here or read warranty comparisons on my site: tile roofers

  351. Fantastic articulation outlining principles governing ethical considerations when collaborating externally preserving integrity while ensuring alignment organizational values driving initiatives strategically positioning entities competitively amidst l local seo law firm

  384. The fact that most warranties last decades when choosing quality materials like steel is encouraging—what warranties have people found most helpful over time? Discuss here or read warranty comparisons on my site: shingle roofers

  400. Nếu muốn trải nghiệm thực tế sống động nhất thì chẳng còn gì bằng việc đầu tư thời gian cho từng giây phút đáng nhớ bên cạnh bàn cược đó thôi nào ! B52Club

  408. Sự kích thích từ từng vòng quay may mắn khiến trái tim mình loạn nhịp; chắc chắn rằng mọi thứ sẽ trở nên hoàn hảo hơn nếu bạn chọn đúng nhà cái như thế này! B52Club

  428. Just finished a roof job and I could not be happier with the results! It’s incredible what a new roofing can do for your home’s curb appeal. If you’re searching for suggestions, definitely visit roofer near me for specialist insights

  463. My neighbor just worked with a roofing professional who did a dreadful job, and now they’re dealing with leakages. It’s crucial to do your research before working with anyone! I advise taking a look at roofer near me for suggestions on vetting specialists

  475. Educating young adults entering adulthood regarding responsibilities tied directly towards ensuring safety protocols upheld becomes paramount given rising risks inherent within fast-paced lifestyles experienced frequently nowadays!!! : injury lawyer

  520. Exceptional article! The duty of backlinks in SEO advertising can not be ignored. They are important for developing authority and enhancing rankings. For a lot more on this topic, take a look at seo marketing

  543. If you’re considering a roof upgrade, have you thought about energy-efficient options? It can help in reducing your expenses! I discovered a lot from checking out articles on roofer in tampa regarding environment-friendly roofing choices

  558. I didn’t know how essential regular roof cleaning was until I stumbled upon this post. The information about organic matter accumulation and its impact on curb appeal is enlightening. Inspired by this article, I chose to give soft washing a shot exterior cleaning

  580. Just attended a webinar on digital advertising and marketing tendencies, and it become enlightening! I discovered added worthwhile news on SEO that enhances what I found out

  587. If you might be seeking a reliable region for mobilephone fix near me, I currently had a significant journey at a neighborhood shop. They mounted my cracked display immediately and at an inexpensive value ipad repair

  602. Fantastic insights on search engine optimization advertising and marketing! It’s remarkable exactly how the landscape is frequently evolving. I’ve found that making use of social networks along with SEO can actually increase traffic seo optimization

  607. This is a terrific reminder about the function of material top quality in SEO advertising! Involving and interesting material will certainly always sway search engines and users alike. For more on developing compelling web content, go to seo services

  641. I enjoy just how you broke down the significance of keyword research study in search engine optimization advertising. It’s vital for driving targeted web traffic to your website. For those searching for extra pointers, browse through search engine marketing

  660. Skup nieruchomości to idealna opcja dla tych, którzy potrzebują natychmiastowej gotówki za swoją nieruchomość. Dzięki temu procesowi można uniknąć długotrwałych formalności związanych z tradycyjną sprzedażą skup domów

  687. Beyond grateful recognizing efforts given outside realms normal expectations continually pushing boundaries seeking foster change amongst peers encourages growth seen everywhere today reflecting back positively onto futures envisioned collectively Medicare Enrollment

  749. Wonderful insights on SEO advertising and marketing! It’s interesting just how the landscape is frequently progressing. I have actually found that using social media together with search engine optimization can truly improve web traffic seo strategist

  770. Những ai yêu thích mạo hiểm chắc chắn sẽ tìm thấy niềm vui lớn ở sòng bạc online này; không nơi nào khác đem lại cảm giác như vậy đâu nhé! B52Club