• Indian Indices
  • Global Indices
  • Commodities
  • Currency
Sensex
  • Sensex
  • Nifty
{{x.close_price| number:2}} {{x.netchg| number:2}} ({{x.perchg | number:2}}%)
Open - {{x.open | number:2}}
Prev Close - {{x.prevclose|number:2}}
Today's High - {{x.high|number:2}}
Today's Low - {{x.low|number:2}}
Advances/Declines (30 Companies)
  • 1D
  • 1W
  • 1M
  • 1Yr
  • 5Yr
{{x.upd_time}}
FTSE 100
  • FTSE 100
  • DJIA
  • NIKKEI 225
  • HANG SENG
{{x.Date}}
{{x.close| number:2}} {{x.Chg | number:2}} ({{x.PChg | number:2}}%)
Open - {{x.close | number:2}}
Prev Close - {{x.PrevClose|number:2}}
Gold
  • Gold
  • Silver
  • Crude Oil
  • Copper
{{x.Trd_Date}} ( {{x.Time}} )
{{x.ClosePrice| number:2}} {{x.change| number:2}} ({{x.perchange | number:2}}%)
Exchange - MCX
Open - {{x.Open|number:2}}
Exp Date - {{x.Exp_Date}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevClose|number:2}}
Today's Low - {{x.Low|number:2}}
USDINR
  • USDINR
  • GBPINR
  • EURINR
  • JPYINR
{{x.Lasttrdtime}} ( {{x.Time}} )
{{x.ltp| number:2}} {{x.PriceDiff| number:2}} ({{x.PerChange | number:2}}%)
Exchange - NSE
Open - {{x.Open|number:2}}
Exp Date - {{x.Expirydate}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevPrice|number:2}}
Today's Low - {{x.Low|number:2}}
As On 02-Jun-2023 EOD, Market Closed
SENSEX
62,547.11
118.57 (0.19%)
NIFTY
18,534.10
46.35 (0.25%)
    No Companies Visited

Back to news list
  • Adani Power slides after Q3 PAT drops 96% YoY to Rs 9 cr

    Adani Power hit a lower circuit of 5% at Rs 172.90 after the company's consolidated net profit slumped 96% to Rs 8.77 crore in Q3 FY23 as against Rs 218.49 crore recorded in Q3 FY22.

    Revenue from operations stood at Rs 7,764.41 crore in the quarter ended 31 December 2022, registering a growth of 44.8% from Rs 5,360.88 crore posted in Q3 FY22. Total income jumped 48.2% year on year to Rs 8,290.21 crore in Q3 FY23. The growth in the total income was mainly driven by higher regulatory income, increased operating capacity, improved tariff realisation under long term Power Purchase Agreements (PPA), and revival of 1,234 megawatt (MW) Bid-2 PPA with Gujarat distribution companies (DISCOMs) in March 2022. Financial performance for Q3 FY 2022-23 includes the performance of the 1,200 MW power plant of Mahan Energen, which was acquired in March 2022. The company said that the revenue for Q3 FY23 includes one-time prior period revenue of Rs 517 crore. In comparison, one-time revenue items of this nature in Q3 FY22 amounted to Rs 74 crore.

    Consolidated profit before tax rose 3.7% to Rs 211.90 crore in Q3 FY23 from Rs 204.34 crore posted in the same period a year ago.

    The EBITDA for Q3 FY23 was marginally lower at Rs 1,996 crore as compared to Rs 2,003 crore reported in Q3 FY22, constrained mainly by higher fuel cost, which was partially offset by higher one-time income.

    Total expenses surged 49.9% YoY to Rs 8,078.31 crore in the quarter ended 31 December 2022. Fuel cost was at Rs 5,532.83 crore (up 91.04% YoY) and employee expenses stood at Rs 142 crore (up 22.38% YoY) during the period under review.

    During Q3 FY23, Adani Power and its subsidiaries achieved an average plant load factor (PLF) of 42.1% and power sale volume of 11.8 billion units (BU), as compared to PLF of 41% and power sale volume of 10.6 BU in Q3 FY22. Operating performance for the quarter includes the performance of Mahan Energen.

    The power generation company said that the operating performance during the quarter was constrained mainly due to high import coal prices and insufficient domestic fuel availability due to high power demand.

    Anil Sardana, managing director, Adani Power, said, "Adani Power has consistently demonstrated its superior skills in project execution, excellence in power plant operations, and capabilities in fuel and logistics management, which has helped it turn around stressed power assets acquired under schemes of corporate debt resolution, apart from setting various benchmarks in its greenfield power plants.

    He further added. “With resolution of most of its regulatory issues now, the company is well placed in terms of liquidity to meet its present commitments and growth requirements. Adani Power, with its strategically located and efficient power plants, is poised to gain maximum advantage from India's growing power demand and provide stable, reliable and affordable power supply, while ensuring the betterment of communities around it.”

    Adani Power, a part of the diversified Adani Group, is the largest private thermal power producer in India.



    Back to news list
Previous Stories :
More






Hot Pursuit News

Quick Links

Market Statistics

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Capital Market Publishers India Pvt. Ltd.

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071.
91-22-25229720
9769005430
Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages
giving any kind of stock recommendations.
For Capital Market Magazine queries mail to : subscription@capitalmarket.com
For Capital Market Online Products related queries mail to : financeshop@capitalmarket.com
For any other Capital Market Website related Queries mail to : info@capitalmarket.com
To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to : advt@capitalmarket.com
Flash News 03-Jun-2023
  •  ( 15:57) NTPC arm declares commercial operation of last part of Nokhra Solar PV project  
  •  ( 15:00) Vedanta subsidiary enters into PDA with Serentica Renewables India  
  •  ( 12:36) Zydus Life gets zero observation from USFDA for Ahmedabad facility  
  •  ( 10:25) CRISIL reaffirms rating of Tata Chemicals at 'A1+'  
  •  ( 10:15) US FDA classifies Indoco Remedies' Goa plant inspection as OAI  
  •  ( 10:15) Minda Corp board OKs proposal to raise funds up to Rs 600 crore  
  •  ( 09:59) TechM to divest stake in Brasil-based step-down subsidiary  
  •  ( 09:14) IRDAI asks SBI Life to take over troubled Sahara's biz  
Show News
02 June 2023 00:00
3235.15
(-0.16 %)
926.00
(0.71 %)
7023.00
(-0.25 %)
1456.55
(0.42 %)
836.20
(0.98 %)
2646.30
(0.02 %)
1136.90
(-0.38 %)
1606.15
(0.13 %)
2716.35
(0.69 %)
937.05
(0.11 %)
1288.10
(-0.24 %)
1298.65
(-1.58 %)
443.20
(0.77 %)
1939.75
(0.58 %)
2235.25
(1.19 %)
1341.05
(1.68 %)
9488.80
(1.73 %)
22040.60
(0.83 %)
174.40
(0.06 %)
234.60
(0.73 %)
2454.95
(-0.29 %)
587.20
(0.79 %)
999.35
(1.20 %)
535.75
(0.09 %)
108.00
(1.93 %)
3304.40
(-0.57 %)
1122.30
(0.12 %)
2859.60
(1.16 %)
7849.40
(0.09 %)
404.80
(-0.60 %)
Sensex 5min and Nifty 15min delayed as on .
Show Ticker
Rotate your device

Rotate your device

For the best experience please go back to portrait mode.