Adani Power Q1 results: Net profit jumps 42% YoY to ₹4,806 crore; board approves raising ₹15,000 crore

Adani Power reported a 42 percent year-on-year jump in Q1 net profit to Rs 4,806 crore. The board has also approved a proposal to raise Rs 15,000 crore. The strong earnings print combined with the capital raising plan marks a significant development for the company.