"The consolidated income from operations for quarter is Rs 10,408 crore as against Rs 12,564 crore in the corresponding period last year. The consolidated EBIDTA is Rs 654 crore as against Rs 802 crore in the corresponding period last year," the Ahmedabad-based firm said in a statement.
Total consolidated income, however, rose by 6 percent to Rs 11,390 crore in July-September quarter from Rs 10,752 crore in the corresponding period last year, on a comparable basis.
The Ahmedabad-based firm's adjusted net profit stood at Rs 265 crore in the year-ago period, it said in a BSE filing. For the April-June 2015 quarter, consolidated revenue fell by 9 per cent to Rs 11,275 crore from an adjusted 12,429 crore in the same quarter of 2014-15 fiscal, it added.
Consolidated total income from operations grew by 3.4 percent to Rs 14,067 crore in the quarter ended September 2014 compared to Rs 13,602 crore in same quarter last year.
Representatives of power and distribution companies will unanimously decide the quantum of tariff increase from power plants being fed with expensive imported coal.
In an interview to CNBC-TV18, Ameet Desai, director, Adani Power explains the impact the National Investment Board (NIB) will have on the market and the industries.
India's diversified Adani group is evaluating the potential acquisition of BG Group Plc's stake in Gujarat Gas , Adani spokesman Ameet Desai said on Thursday.
Ameet Desai, Director of Adani Power tells CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee that the power sector’s budget expectations includes an extension of the benefits under the section 80-IA of the Income Tax Act for several more years.