Adani Power Q3 cons total revenue at INR 4,916 crore

Adani Power Ltd posted results for the quarter and three months ended 31st December, 2017.

The consolidated total revenue for the quarter was INR 4,916 crore. The units sold during Q3 FY18 were 12,633 MUs as compared to 14,897MUs during Q3 FY17.

The EBITDA during the quarter was at INR 800 crore.

The consolidated total revenue for 9M FY18 grew by 3% at INR 16,932 crore.

Adani’s first power plant at Mundra was formed to cater to the Mundra port and SEZ business in 2006. Adani ports was already the largest importer of coal, supplying over 50% of the country’s imported coal needs and at Mundra, managed the world’s largest import coal terminal.Mundra is the largest private single location coal based power plant in the world. In addition to Mundra in Gujarat, Adani Power has plants at Tiroda in Maharashtra, Kawai in Rajasthan and Udupi in Karnataka.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com
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