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Adani Power reports consolidated net loss of Rs 1,181 crore in Q3

06 Feb 2019 Evaluate

Adani Power has reported results for third quarter ended December 31, 2018.

The company has reported a rise a net loss of Rs 120.68 crore for the quarter under review against net profit of Rs 791.72 crore for the same quarter in the previous year. Total income of the company decreased by 85.14% at Rs 332.64 crore for Q3FY19 as compared Rs 2238.33 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 1,180.78 crore for the quarter under review as compared to net loss of Rs 1,313.74 crore for the same quarter in the previous year. However, total income of the company increased by 35.61% at Rs 6667.11 crore for Q3FY19 as compared Rs 4916.34 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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