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Adani Power reports consolidated net loss of Rs 825.15 crore in Q1

07 Aug 2018 Evaluate

Adani Power has reported results for first quarter ended June 30, 2018.

The company has reported a net loss of Rs 40.42 crore for the quarter under review as compared to net loss of Rs 512.41 crore for the same quarter in the previous year. Total income of the company decreased by 73.90% at Rs 735.68 crore for Q1FY19 as compared Rs 2,818.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 825.15 crore for the quarter under review as compared to net loss of Rs 452.84 crore for the same quarter in the previous year. Total income of the company decreased by 29.31% at Rs 3,959.40 crore for Q1FY19 as compared Rs 5,601.25 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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