Adani Power and its subsidiary, Adani Renewable Energy Fifty-Five Limited, have signed agreements with MSEDCL to supply a combined 6,500 MW of power. Despite a 50% drop in Q2 FY25 net profit to Rs 3,298 crore, revenue rose 3% to Rs 13,339 crore. The company’s shares have increased 12% in 2024 and 77% over the past two years.
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