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Adani Power reports Q3 consolidated net loss of Rs 619.01 crore

28 Jan 2013 Evaluate

Adani Power has reported results for third quarter ended December 31, 2012.

The company has reported a net loss of Rs 507.09 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 358.12 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 64.17% at Rs 1829.00 crore for quarter under review as compared to Rs 1114.07 crore for the quarter ended December 31, 2011.

On the consolidated basis, the company has reported a net loss of Rs 619.01 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 356.30 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 73.96% at Rs 1927.99 crore for quarter under review as compared to Rs 1108.32 crore for the quarter ended December 31, 2011.

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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