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VERIFIEDET Markets·positive

Adani Power Q1 Results: Profit jumps 42% YoY to Rs 4,806 cr; co approves Rs 15,000 cr fundraise

AI Summary
  • ·Adani Power reported a 42% year-on-year jump in profit to Rs 4,806 crore for the first quarter.
  • ·The company's board has approved a fundraising of Rs 15,000 crore.
  • ·The fundraising will be done through the issue of equity shares via QIP or other means.
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