Thursday, August 4, 2011

Adani Power Q1 net profit up 54.6% at Rs 177cr YoY

Adani Power has reported a rise of 54.6% (YoY) in profits for the first quarter of FY12. During the period, net profit of the company jumped to Rs 177 crore as against Rs 114.5 crore in the corresponding quarter last fiscal.

Company said its cash generation increased 73% (YoY) to Rs 322 crore in the April-June quarter.

Net sales shot up 132% to Rs 819 crore from Rs 353.1 crore year-on-year.

Total expenditure in the April-June quarter went up 205% to Rs 512 crore and even depreciation cost surged 273% to Rs 104 crore year-on-year.

EBITDA margin declined to 50% in the quarter ended June 2011 as against 63% in same quarter the previous year.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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