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RattanIndia Power reports a consolidated net loss of Rs 263.18 crore in Q1

14 Aug 2015 Evaluate

RattanIndia Power has reported results for first quarter ended June 30, 2015.

The company has reported a net loss of Rs 187.95 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 76.58 crore for the same quarter in the previous year. The company’s total income has increased by 98.07% to Rs 295.76 crore for the quarter under review from Rs 149.32 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported a net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs 263.18 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 140.80 crore for the same quarter in the previous year. Total income of the company has increased by 89.31% at Rs 311.39 crore for quarter under review as compared to Rs 164.49 crore for the quarter ended June 30, 2014.

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