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Adani Power reports net loss of Rs 1071.91 crore in consolidated Q2

25 Oct 2013 Evaluate

Adani Power has reported results for the second quarter ended September 30, 2013.

The company has reported net loss of Rs 909.75 crore for the quarter as compared to a net loss of Rs 225.39 crore for the same quarter in the previous year. However, total income has increased by 38.30% at Rs 2169.14 crore for quarter under review as compared to Rs 1568.38 crore for the quarter ended September 30, 2012.

On consolidated basis, the company has reported net loss after taxes, minority interest of Rs 1071.91 crore for the quarter as compared to a net loss of Rs 260.91 crore for the same quarter in the previous year. However, total income has increased by 100.37% at Rs 3108.03 crore for quarter under review as compared to Rs 1551.17 crore for the quarter ended September 30, 2012.

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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