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Adani Green Energy reports consolidated net loss of Rs 118 crore in Q3

07 Feb 2019 Evaluate

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

The company has reported a net loss of Rs 15.27 crore for the quarter under review as against net profit of Rs 23.15 crore for the same quarter in the previous year. Total income of the company decreased by 79.62% at Rs 89.37 crore for Q3FY19 as compared Rs 438.57 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 117.82 crore for the quarter under review as compared net loss of Rs 13.99 crore for the same quarter in the previous year. However, total income of the company increased by 3.23% at Rs 470.94 crore for Q3FY19 as compared Rs 456.22 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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