Adani Power Q2 profit soars on demand surge, tax gain
Thursday, 2 November 2023 Indian thermal power producer Adani Power reported a near ten-fold surge in second-quarter profit on Thursday, as it benefited from soaring power demand and a tax gain. Shares of Adani Power, part of billionaire Gautam Adani's eponymous conglomerate, jumped as much as 7.7% to 393.4 rupees after the results. They had climbed 51% from July to September. The company's consolidated net profit climbed to 65.94 billion rupees ($792.3 million) in the quarter, helped in part by a tax gain of 13.71 billion rupees.
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NBC reports that an independent investigation into the
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seek a subpoena to..
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Power Book IV: Force 2x10 "Power Powder Respect" Season 2 Episode 10 Promo (Season Finale) - Tommy orchestrates the grand finale of his long game to take over Chicago's drug world; when he is faced..