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Consolidated net sales (including other operating income) of Adani Power for the quarter ended Dec 2023 has increased 67.32% to Rs 12991.44 crore. The increase in Continuing Operational Revenues for Q3FY 2023-24 was a result of higher sales volumes including addition of sales under the Godda PPA, and higher merchant sales. While merchant tariffs realized were higher as compared to the corresponding periods of FY 2022-23 due to improved power demand, blended tariffs under domestic PPAs were lower due to lower import fuel prices and alternate fuel costs.
Reported revenues for Q3 FY 2023-24 of Rs. 13,355 Crore include one-time net derecognition of prior period items of Rs. (-) 50 Crore on account of domestic coal shortfall, carrying cost, and late payment surcharge. In comparison, the reported revenue for Q3 FY 2022-23 included recognition of one-time prior period items of Rs. 517 Crore.
Operating pr...
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