Adani Power Q2 net up 40.5% at Rs 177 cr

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Adani Power Q2 net up 40.5% at Rs 177 cr

Adani Power has reported a net profit of Rs 177 crore in the second quarter of FY12, a growth of 40.5% as compared to Rs 126 crore in the corresponding quarter of last fiscal.

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Adani Power has reported a net profit of Rs 177 crore in the second quarter of FY12, a growth of 40.5% as compared to Rs 126 crore in the corresponding quarter of last fiscal.

Net sales too jumped 171.4% to Rs 1,072 crore from Rs 395 crore during the same period.

The company posted an exceptional MTM loss of Rs 55.8 crore during the July-September quarter of FY12.

But, operating profit margin grew at 48.44% - less as compared to 57.76% in a year ago period.