Adani Power Ltd. reported a net profit of ₹634.6 crore in the March quarter of FY19 compared with a net loss of ₹650.8 crore in the year-earlier period as the company sold more power.
The company posted a 94% jump in revenue to ₹8,078 crore and 39% increase in EBITDA to ₹1,964 crore.
The company sold 16.6 billion units (BUs) in the quarter as compared to 7.9 BUs during Q4 FY18.
For the financial year 2018-19, the company reduced its losses to ₹984.4 crore as revenue went up by 25% to ₹26,362 crore and EBITDA grew 20% to ₹7,431 crore.
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