Adani Power Limited has posted a phenomenal increase in net profit for the period Q4 (ending Mar 2011) of the current fiscal (FY11). During the said quarter, net profit rises 77% to Rs 174 crore in comparison to Rs 98 crore of Q4 (ending Mar 2010) of previous year(FY10). Adani Power Limited, part of India’s leading infrastructure conglomerate Adani Group. The company has made a paradigm shift by venturing into Solar power generation in Gujarat.
The company informed the share market (BSE/NSE) that the total income/net sales soared to Rs 856 crore in quarter ended Apr 2011 when compared with the last years same quarter ended Apr 2010 which was Rs 201 crore.
Share’s Data :-
BSE Code : 533096
Mkt. Cap: Rs 24,034.50 Crores
Adani Power Ltd. share’s CMP is Rs 110.25 on 9th May 2011.
Stay tuned to BelltheBull Blog for more news on Adani Power Limited !Google+