Adani Power posts profit before tax of Rs 28.9 billion for July-September 2020-21

Adani Power Limited (APL) has recorded a profit before tax (PBT) of Rs 28.94 crore billion for the second quarter (July-September) of 2020-21 compared to Rs 1.58 billion in the same quarter of the previous year.

The consolidated total revenue for July-September 2020-21 stood at Rs 87.92 billion, as compared to Rs 68.15 billion in the corresponding quarter last fiscal, an increase of 29 per cent. In addition, the consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) for July-September 2020-21 is Rs 50.86 billion as compared to Rs 22.48 billion in the corresponding period in the previous year, showing a growth of 126 per cent.