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Adani Power reports consolidated net loss of Rs 544.82 crore in Q3

27 Jan 2014 Evaluate

Adani Power has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 426.26 crore for the quarter as compared to net loss of Rs 507.09 crore for the same quarter in the previous year. However, total income from operations of the company has increased by 45.64% at Rs 2663.77 crore for quarter under review as compared to Rs 1829.00 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported a net loss after taxes and Minority Interest of Rs 544.82 crore for the quarter as compared to net loss of Rs 619.01 crore for the same quarter in the previous year. However, total income from operations of the company has increased by 119.91% at Rs 4239.94 crore for quarter under review as compared to Rs 1927.99 crore for the quarter ended December 31, 2012.

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