RattanIndia Power reports net loss of Rs 59.51 crore in Q3

RattanIndia Power Ltd. | Power Generation/Distribution | Power | BSE: 533122 | NSE: RTNPOWER

09 Feb 2017 Evaluate

RattanIndia Power has reported results for third quarter ended December 31, 2016.

The company has reported a net loss of Rs 59.51 crore for the quarter under review as compared to a net loss of Rs 4.23 crore for the same quarter in the previous year. Total income of the company decreased by 57.73% at Rs 346.99 crore for the quarter under review as compared Rs 820.84 crore for the corresponding quarter previous year.

RattanIndia group is a business conglomerate with business interests in power generation, cement and mining. RattanIndia Power is developing coal based thermal power projects Amravati and Nasik in Maharashtra.

Peers

Company Name	CMP
NTPC	326.50
Tata Power	367.00
Adani Power	207.20
Power Grid Corpn.	266.90
Adani Energy Solut.	1405.00
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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