Adani Power Q2 FY11 Results : Net profit rises 20.18%

by khalid on 30/10/2010 · 0 comments

Adani Power Limited has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises to Rs 125.85 crore in comparison to the Rs 0.07 crore of Q2 (ending Sep 09) of previous year(FY10). Adani Power Limited is engaged in power generation and setting up of power projects. As of March 31, 2010, the Company together with its subsidiaries has eight power projects with a combined installed capacity of 13,200 megawatts, out of which 660 megawatts has been commissioned, 9900 megawatts is under implementation and 2640 megawatts is at the planning stage.

The company informed the share market(BSE) that the net income increased to Rs 395.17 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 0.00 crore.

Share’s Data :-
BSE Code : 533096
Mkt. Cap : Rs 28,089.30 Crores
Adani Power Ltd. share’s CMP is Rs 128.85 on 29th Oct 2010.

Source :- BelltheBull

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